TechnipFMC awarded a subsea contract for the Total Zinia 2 Field
02 July 2018 - 3:00PM
Business Wire
TechnipFMC (NYSE: FTI) (Paris: FTI) has been awarded a contract
by Total E&P Angola for the Zinia Phase 2 field development,
located offshore Angola at a water depth between 800 and 1,000
meters.
The contract covers the Engineering, Procurement and
Construction of subsea equipment including 9 subsea tree units as
well as wellheads, subsea control systems, connection systems and
associated equipment. This contract also covers support services,
performed by TechnipFMC in Angola, for the assembly, test,
mobilization and installation.
Hallvard Hasselknippe, President of TechnipFMC’s Subsea
business, commented: “We are excited to be selected by Total for
another of their important developments offshore Angola,
illustrating our long-term, collaborative relationship. This award
showcases TechnipFMC’s position as the market and technology leader
for subsea equipment and services globally, and also demonstrates
our commitment to the Angolan market.”
Note: this inbound order was included in the company’s
second quarter results.
###
Important Information for Investors and
Securityholders
Forward-Looking Statement
This release contains "forward-looking statements" as defined in
Section 27A of the United States Securities Act of 1933, as
amended, and Section 21E of the United States Securities Exchange
Act of 1934, as amended. The words “scheduled,” “estimated” and
other similar expressions are intended to identify forward-looking
statements, which are generally not historical in nature. Such
forward-looking statements involve significant risks, uncertainties
and assumptions that could cause actual results to differ
materially from our historical experience and our present
expectations or projections. Known material factors that could
cause our actual results to differ from those in the
forward-looking statements include the Company's ability to
successfully deliver, and Total’s acceptance of, the subsea
products ordered. For additional information regarding known
material factors that could cause actual results to differ from
projected results, please see our risk factors set forth in
our filings with the United States Securities and Exchange
Commission, which include our Registration Statement on Form S-4,
Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and
Current Reports on Form 8-K.
We caution you not to place undue reliance on any
forward-looking statements, which speak only as of the date hereof.
We undertake no obligation to publicly update or revise any of our
forward-looking statements after the date they are made, whether as
a result of new information, future events or otherwise, except to
the extent required by law.
###
About TechnipFMC
TechnipFMC is a global leader in subsea, onshore/offshore, and
surface projects. With our proprietary technologies and production
systems, integrated expertise, and comprehensive solutions, we are
transforming our clients’ project economics.
We are uniquely positioned to deliver greater efficiency across
project lifecycles from concept to project delivery and beyond.
Through innovative technologies and improved efficiencies, our
offering unlocks new possibilities for our clients in developing
their oil and gas resources.
Each of our more than 37,000 employees is driven by a steady
commitment to clients and a culture of purposeful innovation,
challenging industry conventions, and rethinking how the best
results are achieved.
To learn more about us and how we are enhancing the
performance of the world’s energy industry, go to TechnipFMC.com
and follow us on Twitter @TechnipFMC.
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version on businesswire.com: https://www.businesswire.com/news/home/20180701005033/en/
TechnipFMCInvestor relationsMatt Seinsheimer,
+1-281-260-3665Vice President Investor RelationsMatt
SeinsheimerorPhillip Lindsay, +44 203 429 3929Director Investor
Relations EuropePhillip LindsayorMedia relationsChristophe
Belorgeot, +33 1 47 78 39 92Vice President Corporate
CommunicationsChristophe BelorgeotorDelphine Nayral, +33 1 47 78 34
83Senior Manager Public RelationsDelphine Nayral
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