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TechnipFMC was awarded significant subsea contracts by Reliance Industries for the MJ1 deepwater gas field in the Krishna Godavari basin, covering flexible risers, flowlines and umbilicals. The contract value is between $75 million and $250 million, announced July 1, 2019.
Neptune Energy and TechnipFMC signed a global subsea Alliance Agreement with an initial five-year term covering the Duva and Gjøa P1 subsea tieback projects in the Norwegian North Sea. TechnipFMC is supplying subsea equipment from the wellheads to the riser hang-off, with first oil targeted for Q4 2020.
