Sony Digital Rapids Pixel Power calrec Sony

TechnipFMC Awarded a Significant Integrated EPCI (iEPCI) Contract for the Shell PowerNap project in the...

23/08/2019

Press release | August 22, 2019 TechnipFMC Awarded a Significant Integrated EPCI (iEPCI ) Contract for the Shell PowerNap project in the Gulf of Mexico LONDON & PARIS & HOUSTON--(BUSINESS WIRE)-- TechnipFMC (NYSE: FTI) (Paris: FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI ) contract by Shell for the PowerNap project, located in the Gulf of Mexico.

TechnipFMC will design, manufacture and install subsea hardware, including subsea tree systems, subsea distribution controls, topside controls, flying leads and connectors for three wells, in addition to the supply of 20 miles of production umbilical and flowlines.

Arnaud Pieton, President Subsea at TechnipFMC, commented: We are very pleased to have been awarded this iEPCITM contract for the Shell PowerNap project. We look forward to executing the scope of work and to further expanding our 25-year successful relationship with Shell and our deep water portfolio in the Gulf of Mexico.

PowerNap is a subsea tie-back project to the Olympus production hub and is located in Mississippi Canyon, Block MC943 in the Gulf of Mexico. The project is expected to complete installation in late 2021 and produce up to 35,000 barrels per day of oil equivalent at peak rates.

For TechnipFMC, a significant contract is between $75 million and $250 million

###

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 global leader in subsea, onshore/offshore, and surface projects. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients' project economics.

We are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our clients in developing their oil and gas resources.

Each of our 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.

TechnipFMC utilizes its website www.TechnipFMC.com as a channel of distribution of material company information. To learn more about us and how we are enhancing the performance of the world's energy industry, go to www.TechnipFMC.com and follow us on Twitter @TechnipFMC.

Contacts Investor relations

Matt Seinsheimer

Vice President Investor Relations

Tel: 1 281 260 3665

Email: Matt Seinsheimer

Phillip Lindsay

Director Investor Relations Europe

Tel: 44 203 429 3929

Email: Phillip Lindsay

Media relations

Christophe Belorgeot

Senior Vice President Corporate Engagement

Tel: 33 1 47 78 39 92

Email: Christophe Belorgeot

Delphine Nayral

Director Public Relations

Tel: 33 1 47 78 34 83

Email: Delphine Nayral
LINK: https://www.technipfmc.com/en/media/press-releases/2019/08/technipfmc-...
See more stories from fmc

North America Stories

29/05/2020

Reallusion Offers First Look at SkinGen Dynamic Skin Effect Editor

Reallusion has followed up the success of its Headshot, for rapid digital-double character creation AI, with a look at the forthcoming release of SkinGen. The D...

29/05/2020

Jellyfish Pictures Expands Global Reach with New Operating Model

LONDON - Animation and VFX studio Jellyfish Pictures has expanded its operating model to access talent across the world. Having spearheaded the use of virtual a...

29/05/2020

The De-Stresser FX Chain

Feeling a little bit stressed? I'm not surprised. Or do you ever have one of those days? Of course you do! Wouldn't it be great to go down to the beach,...

29/05/2020

ARRI celebrates ten years of the ALEXA digital camera system

-- ALEXA is the industry's gold standard and has been used on many groundbreaking feature films, TV series, and commercials. Launched shortly after the da...

29/05/2020

AJA Announces Ki Pro Ultra 12G

-- AJA Video Systems has announced Ki Pro Ultra 12G, a new single-channel 4K/UltraHD recorder and player or four-channel HD recorder, featuring 12G-SDI connec...

29/05/2020

Boris FX Releases Sapphire 2020.5, Adds New Monthly Subscription Program

-- Boris FX Sapphire 2020 is now available for Adobe, Avid, and OFX video applications. The latest update to the Emmy Award-winning visual effects suite deliv...

29/05/2020

The media4Kconnect now also in an uncompressed version

Also new at kvm-tec is the media4Kconnect uncompressed: The perfect video transmission allows a delay-free transmission of the signals. Even extreme bit pattern...

29/05/2020

RTV Slovenia Expands Partnership with Dalet to Transform End-to-End News Workflows for Radio and TV with Dalet Galaxy five

Dalet, a leading provider of solutions and services for broadcasters and content...

29/05/2020

KitchenFish Counts on FOR-A Video Switcher for Reliable Coverage of Daily Lottery Broadcast

Every night at 6:59 p.m., KitchenFish LLC, a video production company in West Co...

29/05/2020

DPA Unveils 4097 Micro Shotgun Microphone and Interview Kit

DPA Microphones introduces the latest addition to its microphone lineup, the 4097 CORE Micro Shotgun Microphone. Featuring the same sonic qualities as the brand...

29/05/2020

EditShare and Adobe Collaborate to Enable Remote Production and Group Editing Workflows

EditShare , a technology leader that specializes in secure media management, col...

29/05/2020

Leader Adds MaxFALL CLL HDR Metadata Error Logging to ZEN Series Test Instruments

Leader Electronics announces the addition of MaxFALL and MaxCLL HDR metadata err...

29/05/2020

Mediacorp Singapores Upcoming Classmates Shot and Posted by Echo Entertainment Using URSA Mini Pro and DaVinci Resolve

Blackmagic Design today announced that Singapore based Echo Entertainment used U...

29/05/2020

Lightstorm Entertainment Advances Production Techniques Using Blackmagic Design

Blackmagic Design announced today that Lightstorm Entertainment used an extensive array of Blackmagic products, including the Teranex AV, Smart VideoHub 40x40 1...

29/05/2020

Interactive YouTube Game Show Quizuna Relies on ATEM Mini Pro for Live Streaming

Blackmagic Design today announced that its ATEM Mini Pro live production switcher is being used to power the recently premiered interactive talk and quiz show, ...

29/05/2020

Cinegy announces TURBOCUT - Making Editing with Adobe Premiere Faster than Ever

Cinegy today announced TURBOCUT, a new Adobe CC plug-in which significantly accelerates the editing of H.264/HEVC by utilising the NVIDIA GPU's hardware dec...

29/05/2020

LTN Global launches LTN Wave: an IP-based alternative to satellite distribution

LTN Global, the industry leader in transformative media technology and video transport network solutions has today announced the launch of LTN Wave, a terrestri...

29/05/2020

AJA Announces Ki Pro Ultra 12G

AJA Video Systems has announced Ki Pro Ultra 12G, a new single-channel 4K/UltraHD recorder and player or four-channel HD recorder, featuring 12G-SDI connectivit...

29/05/2020

IBC 2020 Canceled

Another industry trade show is canceled, this one IBC in Amsterdam....

29/05/2020

CG Makes Avenue 5 a More Interesting Destination

Nviz provided previs, VFX, postvis and graphics services for Avenue 5, HBO's space tourism comedy from Armando Iannucci. Set 40 years in the future, the ser...

29/05/2020

The Switch Launches New MIMiC' Cloud-Based, REMI Production-as-a-Service Platform

The Switch Launches New MIMiC' Cloud-Based, REMI Production-as-a-Service Pl...

29/05/2020

DTV Audio Group Webinar Examines Evolving At-Home Workflows

DTV Audio Group Webinar Examines Evolving At-Home Workflows The pandemic has taken REMI-style production to actual homes By Dan Daley, Audio Editor Thursday,...

29/05/2020

Tech Focus: Networked Audio, Part 1 - Standards Help the Technology Grow Up

Tech Focus: Networked Audio, Part 1 - Standards Help the Technology Grow Up SMPTE 2110, NMOS, AES70, and others aid in increasing adoption for broadcast sports ...

29/05/2020

Tech Focus: Networked Audio, Part 2 - SMPTE Readies a Refresh for ST 2110

Tech Focus: Networked Audio, Part 2 - SMPTE Readies a Refresh for ST 2110 The familiar standards suite is transitioning to IP By Dan Daley, Audio Editor Thur...

29/05/2020

ARRI Lighting Appoints Ivo Ivanovski GM, Business Unit

ARRI Lighting Appoints Ivo Ivanovski GM, Business Unit By Ken Kerschbaumer, Editorial Director Thursday, May 28, 2020 - 9:50 am Print This Story | Subscri...

29/05/2020

Legends Behind the Lens: Ray Dolby

Legends Behind the Lens: Ray Dolby The man behind the most iconic name in audio brought broadcast to the ears of sports fans By Brandon Costa, Director of Digi...

28/05/2020

HBO Max Officially Launches

LOS ANGELES-HBO Max, the streaming service created by WarnerMedia, is now available, adding a new platform for consumers' seemingly constant expanding optio...

28/05/2020

Dolby Labs Certifies SSIMPLUS for Dolby Vision Monitoring

WATERLOO, Ontario-Dolby Laboratories has approved SSIMWAVE's SSIMPLUS Viewer Experience monitoring product for its ability to decode Dolby Vision-enabled co...

28/05/2020

U.S. Pay TV Revenue Projected to Drop 35% to $57.4B by 2025

LONDON-Global pay-TV revenue will fall to $150 billion in 2025, from a peak of $202 billion in 2016, despite the addition of 35 million additional subscribers, ...

28/05/2020

Cable-Tec Expo 2020 Not Happening in Denver

EXTON, Pa.-Cable-Tec Expo 2020 will not be happening in Denver this October after SCTE-ISBE received notification from Colorado Gov. Jared Polis that the Colora...

28/05/2020

TVU Mobile Backpack Transmitters a Game Changer for a Leading Australian Broadcaster in More Ways Than One

TVU Mobile Backpack Transmitters a Game Changer for a Leading Australian Broadca...

28/05/2020

Global Media Organizations Retransmit Manned SpaceX Falcon 9 Rocket Launch

Global Media Organizations Retransmit Manned SpaceX Falcon 9 Rocket LaunchSocial Distancing Requirements Minimize Broadcast Equipment at NASA Site; TVU's IP...

28/05/2020

Cisco Announces June 2020 Events with the Financial Community

SAN JOSE, Calif.,--- May 28, 2020 --- Cisco today announced that it will participate in the following conferences with the financial community during the month ...

28/05/2020

Cisco Announces Intent to Acquire ThousandEyes

News Summary: The combination of Cisco's expertise in network and application performance and ThousandEyes' visibility into the Internet will provide c...

28/05/2020

AES Virtual Vienna Convention Workshop Schedule Announced

Posted: Wednesday, May 20, 2020 --...

28/05/2020

NETFLIX DEBUTS OFFICIAL TRAILER FOR JO KOY: IN HIS ELEMENTS

The Third Special From Jo Koy Is Set To Premiere Globally On Netflix June 12, 2020 Watch Trailer HERE Download Key Art HERE Watch Announcement HERE Downl...

28/05/2020

PAUL FEIG TO DIRECT THE SCHOOL FOR GOOD AND EVIL FOR NETFLIX

Director: Paul Feig (A Simple Favor, Ghostbusters, Spy) Writer: David Magee (Life of Pi, Mary Poppins Returns, Finding Neverland) and Laura Solon (Office Chris...

28/05/2020

NAB Leadership Foundation Announces 2020 Service to America Awards Finalists

NAB Leadership Foundation Announces 2020 Service to America Awards Finalists -- Celebration of Service to America Awards program accessible online and available...

28/05/2020

Artists Take Viewers into the Mind of Dell Optimizers Built-in AI

AUSTIN, TX - Dell Blue, the internal creative agency for Dell, has debuted the launch campaign for Dell Optimizer, Dell Technologys AI-based software for workst...

28/05/2020

Lightstorm Entertainment Uses Blacmagic Design

LOS ANGELES - Blackmagic Design has announced that Lightstorm Entertainment used an extensive array of Blackmagic products, including the Teranex AV, Smart Vide...

28/05/2020

Khronos Releases OpenVG 1.1 Lite Provisional Spec

BEAVERTON, OR - The Khronos Group, an open consortium of industry-leading companies creating graphics and compute interoperability standards, has publicly rel...

28/05/2020

Archiware offers free P5 Desktop LTO Edition License during COVID-19

-- Archiware, manufacturer of Archive and Backup software for the Media & Entertainment industry provides free licenses to support data security in production...

28/05/2020

EditShare and Adobe Collaborate to Enable Remote Production and Group Editing Workflows

-- EditShare , a technology leader that specializes in secure media management...

28/05/2020

Sonnet Announces Internal Drive Mount for 2019 Mac Pro, Supports Up to Three SATA Drives of Choice

-- Sonnet Technologies today announced the Fusion Flex J3i three-drive mounti...

28/05/2020

Interactive YouTube Game Show Quizuna Relies on ATEM Mini Pro for Live Streaming

-- Blackmagic Design today announced that its ATEM Mini Pro live production switcher is being used to power the recently premiered interactive talk and quiz s...

28/05/2020

Blackmagic Design Announces Blackmagic URSA Mini Pro 4.6K Update

-- Blackmagic Design today announced a major new software update for the original Blackmagic URSA Mini Pro 4.6K camera that adds localization for 11 languages...

28/05/2020

Seen on Screen: NBC Sports Reminisces About Great Sports Moments With New Podcast Series; ESPN Gets Moving With Peloton All-Star Ride

Seen on Screen: NBC Sports Reminisces About Great Sports Moments With New Podcas...

28/05/2020

Moving Past Lockdown in Italy: Views of OB Providers (Part 2)

Moving past lockdown in Italy: Views of OB providers (Part 2) SVG Europe speaks to Cinevideo, Global Production, Opera BVS and Videe By Roberto Landini, Italia...