TechnipFMC awarded substantial subsea contract for Shell鈥檚 Bonga North Development in Nigeria
TechnipFMC has been awarded a substantial(1) contract by Shell Nigeria Exploration and Production Company Limited to supply Subsea 2.0庐 production systems for the Bonga North development in Nigeria.
The contract covers the design and manufacture of subsea tree systems, manifolds, jumpers, controls, and services.
Jonathan Landes, President, Subsea at TechnipFMC, commented: 鈥淪hell was the first to adopt our Subsea 2.0庐 configure-to-order solution, and continues to deploy it across multiple basins鈥攗nderscoring its commitment to the technology globally. This award further positions us for future deepwater opportunities in the region.鈥
(1) For TechnipFMC, a 鈥渟ubstantial鈥 contract is between $250 million and $500 million. This award will be included in inbound orders in the fourth quarter of 2024.