TPi July 2019

Business & market news

TechnipFMC awarded contract for Neptune Energy Duva and Gjøa P1 projects

struck by the devastation, and I am very proud of the solidarity demonstrated by our colleagues.” TechnipFMC has been present in Mozambique since 2014, and is committed to the country’s long- term sustainable development. In February, TechnipFMC and ENHL (National Hydrocarbon Company – Mozambique’s National Oil Company Logistic subsidiary) inaugurated the opening of new offices in Mozambique, in the heart of the capital city, Maputo. The new headquarters was set up further to the creation of a joint-venture agreement between TechnipFMC and ENHL. The ENHL-TechnipFMC Mozambique Lda Company is aimed at building the first engineering company in the oil and gas industry.

the full scope through an integrated EPCI. We are currently executing the Fenja iEPCI TM project with Neptune Energy and are honoured that Neptune Energy continues embracing our innovative and comprehensive solutions.” TechnipFMC has also announced a donation of $100,000 to assist disaster relief and recovery efforts following Cyclone Idai, which made landfall in Mozambique in March. The funds will be contributed to the Red Cross for ongoing rescue efforts and for shelter and basic commodities for the victims. Doug Pferdehirt, CEO of TechnipFMC, stated, “We are deeply affected by the terrible events and our priority is to support those impacted in Mozambique, and to join efforts with local authorities. This donation to the Red Cross reinforces our commitment to the communities in which we live and work. Our teams are supporting those

TechnipFMC has been awarded an integrated engineering, procurement, construction and installation (iEPCI TM ) contract from Neptune Energy for the Duva and Gjøa P1 projects, located in the Norwegian sector of the North Sea at a water depth of 375m. The contract covers the delivery and installation of subsea equipment including umbilicals, rigid flowlines and subsea production system. Arnaud Piéton, president subsea at TechnipFMC, commented, “These new iEPCI TM awards by Neptune Energy are the first call offs from our recently signed Subsea Alliance Agreement, which is based on early engagement and more collaboration and transparency between operator and contractor. These awards confirm our leadership position in complete subsea developments, through early engagement with iFEED TM (integrated FEED) studies and realising

TechnipFMC plc – UK www.technipfmc.com

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