Technipfmc awarded two flexible pipe contracts by petrobras

Newcastle & houston--(business wire)--technipfmc (nyse: fti) has been awarded two subsea contracts by petrobras for flexible pipe for use in multiple basins. the first award is a substantial(1) contract to design, engineer, and manufacture flexible gas injection risers. this high-technology solution will sustain reservoir pressure and enhance production efficiency through high-capacity gas reinjection in pre-salt formations in the santos basin. the second award, which followed a competitive ten.
FTI Ratings Summary
FTI Quant Ranking