Sony Pixel Power calrec Sony

TechnipFMC Awarded a Significant Subsea Contract for Petrobras' Marlim and Voador Fields

21/04/2021

Press release | April 20 2021

TechnipFMC Awarded a Significant Subsea Contract for Petrobras' Marlim and Voador Fields LONDON & PARIS & HOUSTON--(BUSINESS WIRE)-- TechnipFMC (NYSE: FTI) (PARIS: FTI) today announced that it has been awarded a significant(1) subsea contract from Petrobras (NYSE: PBR) for the Marlim and Voador fields, located offshore Brazil.

TechnipFMC will supply up to eight manifolds for production and injection, utilizing the all-electric Robotic Valve Controller (RVC). The contract also includes associated tools, spares and services.

The RVC is a unique robotic technology that replaces traditional subsea hydraulics, as well as thousands of mechanical parts, while providing real-time data and analysis on system performance. This results in a manifold that is smaller, less complex and less costly with a significantly reduced carbon footprint. Moreover, the RVC's software can be remotely upgraded and maintained subsea, increasing the overall reliability and availability of the subsea system.

Jonathan Landes, President Subsea at TechnipFMC, commented: We are honored that Petrobras has selected us to support the ongoing development of the Marlim and Voador fields. We look forward to executing this project using our local capabilities in Brazil and contributing to another important development in the country.

We are very excited to bring new technology and automation capabilities to this project through the use of the RVC to operate the manifolds. Our innovations in automation and electrification are helping our clients lower their operational expenditures and reduce the carbon intensity of their subsea projects.

(1) For TechnipFMC, a significant contract is between $75 million and $250 million.

Note: this inbound order was included in the Company's first quarter financial results.

Important Information for Investors and Securityholders

Forward-Looking Statement

This release contains forward-looking statements as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words believe , estimated and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.

About TechnipFMC

TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.

With our proprietary technologies and comprehensive solutions, we are transforming our clients' project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.

Organized in two business segments - Subsea and Surface Technologies - we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI , iFEED and iComplete ), technology leadership and digital innovation.

Each of our approximately 20,000 employees is driven by a commitment to our clients' success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.

TechnipFMC uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to www.TechnipFMC.com and follow us on Twitter @TechnipFMC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210420006067/en/

Investor relations

Matt Seinsheimer

Vice President Investor Relations

Tel: 1 281 260 3665

Email: Matt Seinsheimer

James Davis

Senior Manager Investor Relations

Tel: 1 281 260 3665

Email: James Davis

Media relations

Nicola Cameron

Vice President Corporate Communications

Tel: 44 1383 742297

Email: Nicola Cameron

Brooke Robertson

Public Relations Director

Tel: 1 281 591 4108

Email: Brooke Robertson

Source: TechnipFMC plc
LINK: https://www.technipfmc.com/en/media/press-releases/2021/04/technipfmc-...
See more stories from fmc

Most recent headlines

03/06/2024

Dalet and Veritone Reach Agreement to Distribute, Transact and Monetize Media Archives

Dalet, a leading technology and service provider for media-rich organizations, a...

19/03/2024

Barco announces collaboration with NVIDIA and SoftAcuity to add AI and data analytics applications to the operating room

Mar 18, 2024 Barco announces collaboration with NVIDIA and SoftAcuity to a...

19/03/2024

Hear from New Bulls Manager Morgan Ensberg on latest The Durham Bulls Podcast

Meet the Bulls' new manager, hear from 2 former managers, a former player and a person with a very special connection to Wool E. Bull. Tune in to The Durham...

19/03/2024

What Is Dembow? Tracing the Roots of a Global Phenomenon

What Is Dembow? Tracing the Roots of a Global Phenomenon The story of the dembow beat, which can be found in reggaeton, hip-hop, pop, and far beyond, speaks t...

19/03/2024

Berklee's Roger H. Brown Jr. Building Honored by Boston Society for Architecture

Berklee's Roger H. Brown Jr. Building Honored by Boston Society for Architec...

19/03/2024

Applications Open for 2024 Berklee at Umbria Jazz Clinics

Applications Open for 2024 Berklee at Umbria Jazz Clinics The 39th edition of the program will be held from July 9-21. By Callista Chan March 21, 2024 Ima...

19/03/2024

Smoke and Mirrors: Monday's episode, 18 March 2024 [VIDEO]

Smoke and Mirrors: Monday's episode, 18 March 2024 [VIDEO]Stay up to date with the latest episodes of your favourite South African soapie on The South Afric...

19/03/2024

Umkhokha: The Curse - Monday's episode, 18 March 2024 [VIDEO]

Umkhokha: The Curse - Monday's episode, 18 March 2024 [VIDEO]Stay up to date with the latest episodes of your favourite South African soapie on The South Af...

19/03/2024

Gqeberha: The Empire - Monday's episode, 18 March 2024 [VIDEO]

Gqeberha: The Empire - Monday's episode, 18 March 2024 [VIDEO]Stay up to date with the latest episodes of your favourite South African soapie on The South A...

19/03/2024

Muvhango: Monday's episode, 18 March 2024 [VIDEO]

Muvhango: Monday's episode, 18 March 2024 [VIDEO]Stay up to date with the latest episodes of your favourite South African soapie on The South African websit...

19/03/2024

Uzalo: Monday's episode, 18 March 2024 [video]

Uzalo: Monday's episode, 18 March 2024 [video]Stay up to date with the latest episodes of your favourite South African soapie on The South African website. ...

19/03/2024

Generations: The Legacy - Monday's episode, 18 March 2024 [VIDEO]

Generations: The Legacy - Monday's episode, 18 March 2024 [VIDEO]Stay up to date with the latest episodes of your favourite South African soapie on The Sout...

19/03/2024

Skeem Saam: Monday's episode, 18 March 2024 [VIDEO]

Skeem Saam: Monday's episode, 18 March 2024 [VIDEO]Missed an episode of Skeem Saam? No problem! Watch the latest episode of your favourite South African soa...

18/03/2024

USC Basketball Star Juju Watkins on Fashion, Film, Friendship Bracelets, and More

Listeners turn to Spotify to connect with their favorites-from artists and album...

18/03/2024

Young professionals successfully complete vocational training at SGL's Meitingen site

Seven young professionals completed their vocational training at SGL Carbon in M...

18/03/2024

Vintage Allure

Released this past January, the music video for Ariana Grande's yes, and? brings a modern approach to vintage allure. The video was directed by Christian ...

18/03/2024

ST Engineering iDirect Unveils Intuition at SATELLITE 2024 Conference and Exhibition

Global satellite communications leader gives market a first look at its next-gen...

18/03/2024

Box to Box Films shares with MediaSilo

Box to Box Films Shares with MediaSilo Amy and Drive to Survive producer updates collaborators simply and securely Boston, MA, March 18, 2024 - Box to Box Fi...

18/03/2024

Telestream Introduces AI-Powered Tools for Rapid Content Delivery at NAB Show 2024

Telestream Introduces AI-Powered Tools for Rapid Content Delivery at NAB Show 20...

18/03/2024

Docufiction Film Bringing Down a Mountain Edited with DaVinci Resolve Studio

Docufiction Film Bringing Down a Mountain Edited with DaVinci Resolve Studio Brie Clayton March 18, 2024 0 Comments Blackmagic Design today announced ...

18/03/2024

FingerWorks Telestrators Releases Enhancements to Computer Vision Live Tracking Software at NAB 2024

FingerWorks Telestrators Releases Enhancements to Computer Vision Live Tracking ...

18/03/2024

DirecTV to Allow Subscribers to Opt Out of Local Stations

DirecTV announced a new feature over the weekend that will allow its subscribers to opt out of their local stations in return for a discount. Customers who ch...

18/03/2024

Logging and reviewing: Moving towards a sustainable workflow

Jane Sung, COO at Cinedeck, explains how broadcasters and content production companies can achieve the goal of moving towards creating a more sustainable, effic...

18/03/2024

Altice Media sold to French shipping tycoon for 1.55 billion

The deal includes BFM TV, one of the country's largest 24-hour news channels, as well as documentary channel RMC D couverte, and RMC Story By Jenny Priestl...

18/03/2024

Meet the CEO and founder

By TVBEurope Staff Published: March 18, 2024 Nick Franco tells TVBEurope how he went from being a master plasterer and refurbishing the ornate plasterwork ...

18/03/2024

Master the Avatar State: Glowing Eyes in Adobe After Effects

Master the Avatar State: Glowing Eyes in Adobe After Effects Levi Borland March 18, 2024 0 Comments In this step-by-step tutorial, learn how to recrea...

18/03/2024

Next Season of Doctor Who' on Disney Plus May 10

The next season of Doctor Who, with Ncuti Gatwa as the 15th Doctor, premieres on Disney Plus and around the world May 10. It is the first season to launch on Di...

18/03/2024

Screen Australia and VicScreen launch new Screen Careers initiative

18 03 2024 - Media release Screen Australia and VicScreen launch new Screen Careers initiative LTR Denise Eriksen, Esther Coleman Hawkins, Caroline Pitcher, K...

18/03/2024

CBC/WRAL Night Helps Bring in Over $26k for PBS NC

Capitol Broadcasting and WRAL-TV continued a decades-long tradition of supporting PBS North Carolina, our state's public television station, to good result ...

18/03/2024

Tonight on My Brother's Keeper: Nomusa leaves Moketsi's house in a rush

Tonight on My Brother's Keeper: Nomusa leaves Moketsi's house in a rushDon't miss Monday, 18 March's riveting episode of South African soapie My...

18/03/2024

Tonight on House of Zwide: Zola discovers she's pregnant

Tonight on House of Zwide: Zola discovers she's pregnantDon't miss Monday, 18 March's riveting episode of South African soapie House of Zwide on e.t...

18/03/2024

Big Brother Mzansi 4: Papa Ghost secures back-to-back Head of House wins

Big Brother Mzansi 4: Papa Ghost secures back-to-back Head of House winsPapa Ghost has clinched consecutive victories as Head of the House in the latest edition...

18/03/2024

NVIDIA Edify Unlocks 3D Generative AI, New Image Controls for Visual Content Providers

NVIDIA Edify, a multimodal architecture for visual generative AI, is entering a ...

18/03/2024

From Atoms to Supercomputers: NVIDIA, Partners Scale Quantum Computing

The latest advances in quantum computing include investigating molecules, deploying giant supercomputers and building the quantum workforce with a new academic ...

18/03/2024

New NVIDIA Storage Partner Validation Program Streamlines Enterprise AI Deployments

A sharp increase in generative AI deployments is driving business innovation for...

18/03/2024

NVIDIA Unveils Digital Blueprint for Building Next-Gen Data Centers

Designing, simulating and bringing up modern data centers is incredibly complex, involving multiple considerations like performance, energy efficiency and scala...

18/03/2024

Generative AI Developers Harness NVIDIA Technologies to Transform In-Vehicle Experiences

Cars of the future will be more than just modes of transportation; they'll b...

18/03/2024

All Eyes on AI: Automotive Tech on Full Display at GTC 2024

All eyes across the auto industry are on GTC - the global AI conference running in San Jose, Calif., and online through Thursday, March 21 - as the world's ...

18/03/2024

All Aboard: NVIDIA Scores 23 World Records for Route Optimization

With nearly two dozen world records to its name, NVIDIA cuOpt now holds the top spot for 100% of the largest routing benchmarks in the last three years. And thi...

18/03/2024

We Created a Processor for the Generative AI Era,' NVIDIA CEO Says

Generative AI promises to revolutionize every industry it touches - all that's been needed is the technology to meet the challenge. NVIDIA founder and CEO ...

18/03/2024

Banglalink Gets Unified Licence to Deliver Superior Digital Services in Bangladesh

18 Mar 2024 Banglalink Gets Unified Licence to Deliver Superior Digital Service...

18/03/2024

Thuraya partners with Niflink to deliver telemedicine and eLearning to users across its network

Abu Dhabi, 18 March, 2024 : Abu Dhabi, 18 March 2024: Thuraya Telecommunication...

18/03/2024

Thuraya partners with Niflink to deliver telemedicine and eLearning to users across its ne...

Abu Dhabi, 18 March, 2024 : Abu Dhabi, 18 March 2024: Thuraya Telecommunication...

18/03/2024

Major League Soccer: IMG on Capturing Fan Rituals and Delivering Consistent Coverage

Major League Soccer: IMG on capturing fan rituals and delivering consistent cove...

18/03/2024

Smashing Padel: Inside Aurora's Innovative Production of the Inaugural Hexagon Cup

Smashing padel: Inside Aurora's innovative production of the inaugural Hexag...

18/03/2024

Airspeeder Teams Up With EMG for World's First Live Broadcast of Flying Car Series

Airspeeder teams up with EMG for world's first live broadcast of flying car ...

18/03/2024

Netflix Announces News About 26 Upcoming Nordic Titles - Including 12 Brand New Titles

Back to All News Netflix Announces News About 26 Upcoming Nordic Titles - Inclu...

18/03/2024

Final sprint in the AS4 market communication

Final Sprint in the AS4 Market Communication: All Arvato Systems Customers Are Ready to Go Customers for market communication AS4-ready Arvato Systems is now...

18/03/2024

Tonight on Uzalo: Nkunzi takes a drastic decision

Tonight on Uzalo: Nkunzi takes a drastic decisionDon't miss Monday, 18 March's riveting episode of South African soapie Uzalo on SABC 1 on DStv channel ...

18/03/2024

Thales to modernize Montreal Mtro blue Line,improving passengers' punctuality and train reliability

Facebook Twitter LinkedIn Following a call for tenders, the Soci t de tra...