TechnipFMC (FTI) Lands Large iEPCI Contract in the Mediterranean
FTITechnipFMC(FTI) ZACKS·2024-07-24 21:40

TechnipFMC plc (FTI) announced that it has been awarded a large integrated engineering, procurement, construction and installation (iEPCI) contract by Energean plc. The contract, valued between $500 million and $1 billion, has been included in the company’s subsea inbound orders for the second quarter, as per a statement from TechnipFMC.The contract involves work for the Katlan development in the Mediterranean Sea. Prior to the contract award, FTI conducted an integrated Front End Engineering and Design (iF ...