Equinor Tags TechnipFMC for Johan Sverdrup Phase 3 iEPCI Job [Yahoo! Finance]
Equinor ASA (EQNR)
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Source: Yahoo! Finance
Installation (iEPCI) contract from Equinor for the Johan Sverdrup Phase 3 development in the Norwegian North Sea. TechnipFMC said in a media release the contract value is anywhere between $500 million and $1 billion. Phase 3 of the Johan Sverdrup field, which started production in 2019, will boost production by connecting extra wells to the existing infrastructure, which is fueled by low-emission resources from onshore, TechnipFMC said. “It is a privilege to contribute once again to the development of this field, where we delivered subsea production systems for each of the previous phases. We are excited to leverage our iEPCI™ integrated execution model to further enhance this world-class offshore asset”, Jonathan Landes, President for Subsea at TechnipFMC, said. Take control of your future. Search THOUSANDS of Oil & Gas jobs on Rigzone.com Search Now This direct award comes after a comprehensive Front End Engineering and Design assessment. TechnipFMC said it will be resp
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EQNR
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- 10/29/25 - Miss
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