TechnipFMC, a global leader in subsea, onshore/offshore, and surface projects, has signed a strategic collaboration agreement with Equinor, a Norwegian multinational energy company.

 

The agreement states that the two parties will collaborate in continuous improvements to enable developing Equinor’s offshore projects globally, and covers the full scope of TechnipFMC products and services, from early phase, through project execution, including installation and subsea operations services. 

 

It reflects the ambition of the parties to engage early through pre-FEED and Concept development in order to obtain sustainable cost reductions, said a statement.

 

This agreement builds on the long relationship between the two companies, including the recent successes of the company’s iEPCITM (integrated EPCI) delivery on the Trestakk and Visund Nord projects to Equinor.

 

Doug Pferdehirt, CEO of TechnipFMC, commented: “We are extremely honoured to extend our partnership with Equinor globally while enabling a new way of working together, from early engagement through integrated project execution – leveraging next-generation technology and digitalization. We firmly believe that success is achieved through collaboration and that this agreement will increase the competitiveness of both companies.”

 

TechnipFMC is a global leader in subsea, onshore/offshore, and surface projects. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients’ project economics. - TradeArabia News Service