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TechnipFMC won an engineering, procurement, construction and installation contract from Petrobras for the Mero 1 pre-salt field offshore Brazil, with production expected to start in 2021. The contract value is reported as a range of 500 million to 1 billion dollars.
“TechnipFMC plc (NYSE: FTI) recently announced that it has won an engineering, procurement, construction and installation (EPCI) contract for the Mero 1 pre-salt field, located offshore Brazil.”investing.com
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