TechnipFMC Signs Strategic Collaboration Agreement with Equinor
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TechnipFMC has signed a strategic collaboration agreement with Equinor.
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.
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.
“We are extremely honored 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,” said Doug Pferdehirt, CEO of TechnipFMC.
About TechnipFMC
TechnipFMC is a global leader in subsea, onshore/offshore, and surface projects. With their proprietary technologies and production systems, integrated expertise, and comprehensive solutions, they are transforming its clients’ project economics.
They are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, their offering unlocks new possibilities for its clients in developing their oil and gas resources.
Each of their more than 37,000 employees is driven by a steady commitment to clients and a culture of purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved.
To stop by TechnipFMC’s website, CLICK HERE
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