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Member News20th Apr 2022

TechnipFMC lands EPIC contract for Norwegian field

TechnipFMC has been awarded a significant integrated engineering, procurement, construction and installation contract for Wintershall Dea’s Maria revitalisation project offshore Norway, it said April 13.

The project will boost production with the installation of subsea trees, spools, jumpers, and flexible pipes.

TechnipFMC’s subsea president Jonathan Landes said the award was “built on our ability to leverage our integrated front end engineering and design model. Through early engagement, we optimised the field layout and maximised the benefits of integrated project execution. Our involvement helped reduce the carbon footprint of the revitalisation project by modifying existing infrastructure, eliminating the need for an additional 4 km of pipe.”

Separately, Wintershall Dea last month said it had stopped payments to LetterOne, the Russian-owned company and minority owner, following the inclusion of investor German Khan on EU and UK sanctions lists. “It is being examined whether this has further consequences for LetterOne as shareholder of Wintershall Dea AG,” it said. The Russian billionaire resigned from the supervisory board mid-March. Wintershall Dea has said it will give €1mn in humanitarian aid to Ukraine in response to the “horrific war” with Russia.