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July 11, 2022

TechnipFMC secures technical services contract from Neptune Energy

The company will provide engineering, studies and technical services for Neptune Energy’s operations in Norway.

Multinational oil and gas firm TechnipFMC has received a contract from Neptune Energy to provide technical services for its Norwegian operations.

The technical service agreement builds on an existing contract between the two companies, which has been optimised to meet Neptune’s future requirements.

Under the contract, TechnipFMC will continue to provide engineering, studies and technical services for Neptune Energy.

The contract scope includes installation work and operational support for Neptune’s development projects and producing fields.

The agreement has a potential period of more than five years.

Neptune Energy Norway projects and engineering director Erik Oppedal said: “The extended contract will build on the experiences from recent years’ close collaboration between Neptune and TechnipFMC, above all their contribution to the successful development of the Neptune operated Fenja, Duva and Gjøa P1 fields.”

Neptune Energy currently serves as the operator of the Gjøa platform in the North Sea, which acts as a hub for the Vega, Gjøa and Duva subsea fields.

The firm also operates the Fenja development project in the Norwegian Sea.

TechnipFMC Subsea president Jonathan Landes said: “We are delighted to have this opportunity to build on the success of our integrated approach, and further strengthen our long-term partnership with Neptune Energy.”

Based in Houston, Texas, TechnipFMC provides comprehensive project life cycle services for the energy industry.

Last week, the company was selected by Equinor Energy do Brazil, a subsidiary of Equinor, to carry out an integrated frontend engineering and design study on the BM-C-33 gas and condensate field.

Located nearly 200km from the coast of Rio de Janeiro, Brazil, the BM-C-33 project is contained in water depths of up to 2,900m.

TechnipFMC said the study will help Equinor finalise the offshore project’s technical solution, after which Equinor will make a final investment decision for the project.

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