Jon Landes
TechnipFMC awarded substantial iEPCI deal for Sparta project
NEWCASTLE, February 16, 2024
TechnipFMC has been awarded a substantial contract by Shell for the first integrated Engineering, Procurement, Construction, and Installation (iEPCI) project to use high-pressure subsea production systems rated up to 20,000 psi. For TechnipFMC, a “substantial” contract is between $250 million and $500 million.
The company will manufacture and install subsea production systems, umbilicals, risers, and flowlines for Shell’s Sparta development in the Gulf of Mexico. The tree systems will be Shell’s first to be qualified for 20K applications and are engineered to meet the high-pressure requirements of this greenfield development.
Jonathan Landes, President, Subsea at TechnipFMC, commented: “Sparta will combine our leading-edge subsea technology with our proven integrated execution model, iEPCI, providing improved project economics. We are excited to be working with Shell on 20K technology.”--TradeArabia News Service
