A global offshore giant has won a contract worth more than £100m to support work at its Tyneside yard.
TechnipFMC has won a “significant” contract from offshore energy firm Equinor for the Halten East development on the Norwegian continental shelf.
The size of the contract – which covers the manufacture and installation of flowlines and the installation of umbilicals and subsea structures – has not been disclosed by TechnipFMC, but the company says that “significant” contracts are between $75m and $250m.
