TechnipFMC Awarded iEPCI® Contract by Vår Energi in the North Sea
TechnipFMC secured a large iEPCI contract from Vår Energi for the Ofelia and Gjøa Nord projects in the North Sea, valued between $500 million and $1 billion. The majority of inbound bookings associated with this award are expected to be included in the second quarter of 2026, with a portion recognized in prior quarters.
Key figures
- Contract value range
- $500 million to $1 billion
AI analysis
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