Offshore contracting giant TechnipFMC has been awarded a contract for subsea production systems by Brazilian state-owned giant Petrobras.
TechnipFMC will design, engineer, and manufacture subsea production systems to be deployed in an array of greenfield developments, brownfield expansions, and asset revitalisations across Petrobras’ extensive portfolio.
The contract also covers installation support and life-of-field services, with provisions for additional equipment and services.
Financial details of the contract were not disclosed. However, TechnipFMC said that the contract was significant, placing it in the $75m to $250m range.
The subsea production systems will be manufactured and serviced in Brazil, utilising local capabilities and expertise.
