Fossil Energy – Subsea Contracts
TechnipFMC has added a duo of subsea contract opportunities worth a combined potential of up to $2 billion to its target list for the next two years, which, in total, is estimated at over $25 billion.
The company also reported strong growth in the first quarter of this year, with significant improvements in new orders, revenues and backlog.
The new subsea projects include the Woodside-operated Calypso development in Trinidad & Tobago and Eni’s Northern Hub area in Indonesia.
