LONDON & HOUSTON--(BUSINESS WIRE)--Jun. 30, 2021-- Regulatory News:
两性色午夜 (NYSE: FTI) (PARIS: FTI) today announced that it has been awarded a significant(1) Engineering, Procurement, Construction and Installation contract by Equinor for the Kristin S酶r field in the North Sea. 两性色午夜 will supply rigid pipelines, static and dynamic umbilicals, as well as pipeline and marine installation of the subsea production facilities.
Jonathan Landes, President, Subsea at 两性色午夜, commented, 鈥淲e are proud to collaborate closely with Equinor once again, working together from early in the front-end and concept phase to develop optimized solutions and methodology for the installation for Kristin S酶r. This project will also utilize Deep Arctic, which is equipped with hybrid battery solutions to reduce emissions.鈥�
The project will be executed by 两性色午夜鈥檚 operating center in Oslo, Norway, with fabrication occurring in the Company鈥檚 facilities in Norway and the United Kingdom.
(1) For 两性色午夜, a 鈥渟ignificant鈥� contract is between $75 million and $250 million.
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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
两性色午夜 is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.
With our proprietary technologies and comprehensive solutions, we are transforming our clients鈥� project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.
Organized in two business segments 鈥� Subsea and Surface Technologies 鈥� we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI鈩�, iFEED鈩� and iComplete鈩�), technology leadership and digital innovation.
Each of our approximately 20,000 employees is driven by a commitment to our clients鈥� success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.
两性色午夜 uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to and follow us on Twitter @两性色午夜.
Category: UK regulatory
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