# TechnipFMC awarded $1B contract for Mero 3 HISEP project in Brazil

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.

- Type: Contract
- Announced: 2024-01-04
- Where: Mero field, pre-salt, offshore Brazil, Brazil
- Value: $1.00B
- Status: announced
- Products: subsea equipment, manifolds, flexible and rigid pipes, umbilicals, power distribution
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [TechnipFMC](https://endata.com/companies/1151.md) (supplier)
- [Petrobras](https://endata.com/companies/2820.md) (customer)

## Sources

- [gcaptain.com](https://gcaptain.com/technipfmc-awarded-1-billion-contract-for-mero-3-project-in-brazil/), 2024-01-04: "TechnipFMC (NYSE: FTI) has secured an integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract worth over $1 billion from Petrobras."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.