Subsea cable specialist specialist TechnipFMC has secured a deal worth more than $1bn for a major project in Brazil which will bring work to its North East yard.
The company, which has its head office and main UK yard in Walker, Newcastle, as well as operations in the US, France, Brazil and Malaysia, designs and manufactures cable and flexible pipes for use in offshore markets. The firm’s base on the River Tyne is the main centre of expertise for marketing, research and development, engineering, project management and manufacturing of umbilical systems in the Technip group.
Now company has announced it has been awarded a major contract for an integrated engineering, procurement, construction and installation project by Equinor Energy do Brasil Ltda, a subsidiary of Equinor ASA (Equinor). The award follows the conclusion of a study of the BM-C-33 field offshore Brazil, which is in waters of up to 2,900m deep.
