| Work Detail |
Offshore contracting giant TechnipFMC has been awarded an integrated engineering, procurement, construction, and installation contract by Equinor for the Johan Sverdrup Phase 3 development in the Norwegian part of the North Sea. The Johan Sverdrup field, which originally began production in 2019, is now one of the largest developments in the region. This latest phase will increase production by tying in additional wells to the current infrastructure, which is powered by low-emission resources onshore. This direct award follows an integrated FEED study. TechnipFMC will design, manufacture, and install subsea production systems, umbilicals, and rigid pipes that will tie new templates into the existing Johan Sverdrup field centre. Financial details have not been revealed. However, TechnipFMC described the contract as large which means its value is somewhere between $500m and $1bn. This award will be included in inbound orders in the first quarter of 2025. “It is a privilege to contribute once again to the development of this field, where we delivered subsea production systems for each of the previous phases,” said Jonathan Landes, president of subsea at TechnipFMC. |
