TechnipFMC Awarded a Large EPCIC Contract for BP Greater Tortue Ahmeyim Development FPSO

LONDON & PARIS & HOUSTON–(BUSINESS WIRE)–TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has been awarded
by BP a large(1) contract for the engineering, procurement,
construction, installation and commissioning (EPCIC) of the floating
production storage and offloading (FPSO) unit to be deployed offshore on
the maritime border of Mauritania and Senegal. This award is a
continuation to the FEED (front end engineering design) contract awarded
in April 2018.

TechnipFMC will bring its expertise to deliver major projects,
leveraging extensive experience with fabrication yards and from
successful references for delivery of offshore gas monetization
facilities such as Floating Liquid Natural Gas (FLNG), FPSO and
conventional platforms.

Nello Uccelletti, President of TechnipFMC’s Onshore/Offshore business,
commented: We are honored to be entrusted with the execution of
this prestigious contract in West Africa which is a testimonial to our
long-term partnership with BP and our leadership in the Gas Monetization
industry. This award is one of our strategic “early engagement”
achievements, following the successful completion by TechnipFMC of the
FEED study. We look forward to collaborating with BP to unlock the full
potential of this important project”.

The initial subsea infrastructure connects the first four wells
consolidated through production pipelines leading to this FPSO. From
here liquids are removed and the export gas is transported via a
pipeline to the LNG hub terminal where the gas is liquefied.

(1)For TechnipFMC, a “large” contract ranges
between $500 million and $1 billion.

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About TechnipFMC

TechnipFMC is a global leader in subsea, onshore/offshore, and surface
projects. With our proprietary technologies and production systems,
integrated expertise, and comprehensive solutions, we are transforming
our clients’ project economics.

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 clients in developing their oil and gas
resources.

Each of our more than 37,000 employees is driven by a steady commitment
to clients and a culture of purposeful innovation, challenging industry
conventions, and rethinking how the best results are achieved.

To learn more about us and how we are enhancing the performance of
the world’s energy industry, go to TechnipFMC.com and follow us on
Twitter @TechnipFMC.

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