TechnipFMC scoops BP subsea job worth up to $250m

New York-listed TechnipFMC has scooped a subsea job from BP worth between $75m and $250m.

The engineering, procurement, construction and installation contract will see it work on the Atlantis Phase 3 project 150 miles south of New Orleans in the Gulf of Mexico.

It will manufacture, deliver and install subsea equipment, including subsea tree systems, manifolds, flowline and umbilicals.

Arnaud Pieton, TechnipFMC president of subsea, said: "This award reinforces TechnipFMC’s position as the market and technology leader for subsea equipment."

The company will be working in a water depth of roughly 2,100 metres.