TechnipFMC Awarded Significant Subsea Contract by bp in the Gulf of Mexico
TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract by bp (LON: BP) for its Argos Southwest Extension project in the Mad Dog field.
- TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract by bp (LON: BP) for its Argos Southwest Extension project in the Mad Dog field.
- TechnipFMC will install pipe and an umbilical, tying back three new wells to the Argos platform in the Gulf of Mexico.
- Jonathan Landes, President, Subsea at TechnipFMC, commented: “We have a long-standing relationship with bp, underpinned by close collaboration.
- (1) For TechnipFMC, a “significant” contract is between $75 million and $250 million.