# TechnipFMC awarded $500M-$1B contract by Energean for Katlan development

TechnipFMC has been awarded a large iEPCI contract by Energean for the Katlan development in the Mediterranean Sea, valued between $500 million and $1 billion. The contract covers design, manufacture, and installation of subsea production systems.

- Type: Contract
- Announced: 2024-07-22
- Where: Mediterranean Sea
- Value: $500.0M
- Status: announced
- Products: subsea production systems, umbilicals, subsea structures
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [TechnipFMC](https://endata.com/companies/1151.md) (supplier)
- [Energean](https://endata.com/companies/35752.md) (customer)

## Sources

- [business-live.co.uk](https://www.business-live.co.uk/manufacturing/technipfmc-secures-deal-energean-mediterranean-29589924), 2024-07-22: "TechnipFMC has secured a deal worth up to $1bn for a major project in the Mediterranean which could bring work to its North East yard."

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