TechnipFMC Awarded Significant iEPCI™ Contract by Shell for the Dover Development
TechnipFMC (NYSE: FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction, and Installation ( iEPCI™ ) contract by Shell plc (FTSE: SHEL) (AMS: SHELL) (NYSE: SHEL) for its Dover development in the Gulf of Mexico.
- TechnipFMC (NYSE: FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction, and Installation ( iEPCI™ ) contract by Shell plc (FTSE: SHEL) (AMS: SHELL) (NYSE: SHEL) for its Dover development in the Gulf of Mexico.
- The Dover development will tie back to the Appomattox platform, where TechnipFMC previously supplied and installed the subsea production systems.
- Jonathan Landes, President, Subsea at TechnipFMC, commented: “Dover represents a continuation of our decades-long relationship with Shell.
- We look forward to helping extend production in this prolific basin.”
(1) For TechnipFMC, a “significant” contract is between $75 million and $250 million.