NEWCASTLE & HOUSTON, August 2, 2023 鈥� 两性色午夜 (NYSE: FTI) has received a significant(1) award by Azule Energy to supply flexible pipe for its Ndungu project, offshore Angola.
The Ndungu project will tie into Block 15/06 West Hub, where 两性色午夜 was recently awarded a substantial flexible pipe contract. Through this extension, the Company was able to provide an optimized solution that enables Azule to maintain schedule and achieve efficiencies.
Jonathan Landes, President, Subsea at 两性色午夜, commented: 鈥淭his contract is the result of transparency and collaboration between 两性色午夜 and Azule to accommodate a fast-track schedule. Trust, responsiveness, and agility are at the core of the relationship we are building with this key player in Angola. We鈥檙e delighted to be working with Azule once again.鈥�
(1) For 两性色午夜, a 鈥渟ignificant鈥� award is between $75 million and $250 million. This award was included in inbound orders in the second quarter of 2023.
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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 鈥渆xpect,鈥� 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.
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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.听
Organized in two business segments 鈥� Subsea and Surface Technologies听鈥� we will continue to advance the industry with our pioneering integrated ecosystems (such as 颈贰笔颁滨鈩�, 颈贵贰贰顿鈩� and 颈颁辞尘辫濒别迟别鈩�), 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听www.两性色午夜.com听and follow us on Twitter .
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