Subsea offshore specialist TechnipFMC has won a ‘significant’ contract worth more than £60m which will support work at its Tyneside yard.
TechnipFMC, which has bases in Walker, Newcastle, and Houston, US, announced it has been awarded an engineering, procurement, construction and installation contract by Shell for the Jackdaw development. The Jackdaw field, based around 250km off the coast of Aberdeen, Scotland, sits next to the UK/Norway median line in the North Sea.
The contract covers pipelay for a 30km tieback from the new Jackdaw platform to Shell’s Shearwater platform, as well as subsea structures, umbilicals and other vital equipment. The deal value has not been disclosed, but TechnipFM said that a significant contract for the company is between $75m and $250m (£67.1m to £223.6m).
