Join Webinar

Oman Business News

Neptune Energy and TechnipFMC Sign a Global Alliance Agreement for Delivering Subsea Projects

The Alliance Agreement is signed for initial five year term for complete project lifecycle with options for further extensions. The deal covers the full project from early concept work, through EPC, delivery and installation of subsea equipment and infrastructure, and followed by continues into life of field support.

Neptue said on Tuesday 2nd March, the first developments to be executed under this contract model are the Duva and Gjøa P1 projects in The Norwegian sector of the North Sea. Both fields will be developed as fast-track subsea tiebacks to the Neptune operated Gjøa facilities. TechnipFMC has been awarded a contract covering the subsea equipment from the wellheads to the riser hang-off at Gjøa. This includes subsea templates, xmas trees, manifolds, production and gas lift pipelines, umbilicals, subsea structures and control systems) plus installation activities.
  • Alliance Agreement
  • EPC
  • Neptune Energy
  • TechnipFMC
  • Subsea Equipment
JSRS Banner
JSRS Banner