LONDON, PARIS & HOUSTON--(BUSINESS WIRE)--Oct. 19, 2020-- 两性色午夜 (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) has been awarded a significant(1) Engineering, Procurement, Construction and Installation contract by Equinor for the Breidablikk Pipelay, including option for the Subsea Installation scope located in the area close to the Grane Field, North Sea.
The Breidablikk project is a tie-back to the existing Grane platform. 两性色午夜鈥檚 scope includes provision of flexible jumpers and rigid pipelines as well as pipeline installation work.
Jonathan Landes, President Subsea at 两性色午夜, commented: 鈥淲e have collaborated closely with Equinor in order to optimize the solutions and methodology for the pipelay installation. We are honored to once again be selected by Equinor to create value with our products and services offering.鈥�
The Breidablikk development is subject to final approval by the Norwegian authorities.
(1) For 两性色午夜, a 鈥渟ignificant鈥� contract ranges between $75 million and $250 million.
Note: this inbound order was included in the Company鈥檚 first half financial results.
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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 鈥渂elieve鈥�, 鈥渆stimated鈥� 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. For 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 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 两性色午夜聽
两性色午夜 is a global leader in the energy industry; delivering projects, products, technologies and services. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our customers鈥� project economics.
Organized in three business segments 鈥� Subsea, Surface Technologies and Technip Energies 鈥� 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 customers in developing their energy resources and in their positioning to meet the energy transition challenge.
Each of our approximately 37,000 employees is driven by a steady commitment to clients and a culture of project execution, purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved.
两性色午夜 utilizes its website as a channel of distribution of material company information. To learn more about us and how we are enhancing the performance of the world鈥檚 energy industry, go to and follow us on Twitter @两性色午夜.
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