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TechnipFMC secured an integrated EPCI contract worth over $1 billion from Petrobras for the Mero 3 HISEP project in Brazil's pre-salt field. The project involves subsea equipment to capture CO2-rich dense gases and inject them into the reservoir.
“TechnipFMC (NYSE: FTI) has secured an integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract worth over $1 billion from Petrobras.”gcaptain.com
Summarized from public sources; check the original articles before acting on it.