TechnipFMC has secured a significant contract, valued between $75 million and $250 million, from Petrobras following a competitive tendering process.
Table of Contents
Scope of Work
Under the contract, TechnipFMC will:
- Design, engineering, and manufacture subsea production systems
- Deploy systems across greenfield developments, brownfield expansions, and asset revitalizations in Petrobras’ portfolio
- Provide installation support and life-of-field services
- Supply provisions for additional equipment and services as required
Management Commentary
Jonathan Landes, President, Subsea at TechnipFMC, said:
“Leveraging our industrialized operating model, we can standardize innovative solutions and deliver the schedule certainty that Petrobras expects on its projects. We look forward to creating new value together as we build on our decades-long relationship as a trusted local partner.”
Local Execution
The subsea production systems will be manufactured and serviced in Brazil, tapping into local expertise and capabilities, further strengthening TechnipFMC’s longstanding presence in the country.
About TechnipFMC
TechnipFMC is a global leader in energy projects, technologies, and services. With a focus on innovation, sustainability, and efficiency, the company designs and delivers integrated solutions to accelerate the global energy transition.
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