BP Awards TechnipFMC Angola Contract

(Africa) EPCI Work for Platina Field

Engineering services firm TechnipFMC has been awarded a “significant” contract by oil major BP for work to develop the Platina field, in offshore Angola.
The engineering, procurement, construction and installation contract will cover work in water depths ranging from 1,200 to 1,500 meters at Block 18.

“We are very pleased to have been selected by BP for this important deepwater development offshore Angola. We are committed to BP and to supporting the Angolan oil and gas industry. This iEPCI follows iFEED work and will utilize our local assets such as our service base in Luanda and our umbilical factory in Lobito,” said Arnaud Pieton, president subsea at TechnipFMC.

Scope of work includes the manufacture, delivery and installation of the subsea equipment including subsea trees, a production manifold with associated subsea control and connection systems, as well as rigid pipelines, umbilicals and flexible jumpers.

FPSO Offshore Mauritania and Senegal

The news follows another large contract award by BP to TechnipFMC earlier this month, covering engineering, procurement, construction, installation and commissioning work for a floating production storage and offloading unit to be deployed on the maritime border of Mauritania and Senegal.
“We are honored to be entrusted with the execution of this prestigious contract in West Africa, which is a testimonial to our long-term partnership with BP and our leadership in the gas monetization industry. This award is one of our strategic “early engagement” achievements, following the successful completion by TechnipFMC of the FEED study. We look forward to collaborating with BP to unlock the fullpotential of this important project,” said Nello Uccelletti, President of TechnipFMC’s Onshore/Offshore business.

E&C Float

TechnipFMC is in the process of an ambitious restructure to spin-out a new pure-play engineering and construction company named Technip Energies. The reorganisation will see the EPC giant split into two independent, publicly traded companies – one focused on upstream and one focused on downstream E&C.

The newly formed downstream company is expected to float in 2020 and will have about 15,000 employees, making it one of the largest E&C pure-plays. The firm said the new E&C firm will be incorporated in the Netherlands with its headquarters in Paris and listed on the Euronext Paris exchange. 
“Energies highlights our ambition to play a key role in driving the global energy transition. It also reflects the individual contributions of all our employees which will allow us to write, together, this new page of our history.” said Catherine MacGregor, CEO-elect of Technip Energies.