TechnipFMC bags Brazilian oil recovery works
BRASILIA, December 9, 2021 – TechnipFMC has signed three contracts with Brazilian NOC Petrobras for oil recovery work on its brownfield developments, the energy technology provider announced on Thursday.
The four-year frame agreements include manufacturing 500 kilometres of flexible pipe for mostly offshore post-salt fields.
The combined contracts are valued between USD 500 million and USD 1 billion.
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