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TechnipFMC announced it has been given full notice to proceed with a contract for the first all-electric integrated project by the Northern Endurance Partnership (NEP), a joint venture between BP, Equinor, and TotalEnergies. The contract covers supply and installation of an all-electric subsea system and is valued between $500 million and $1 billion.
“This award further positions us for future deepwater opportunities in the region.”rigzone.com
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