(WO) – TechnipFMC has signed a memorandum of understanding (MoU) with bp setting out a framework to cooperate on the supply of 20,000-psi (20K) subsea tree systems for bp’s Paleogene projects in the U.S. Gulf.
Under the MoU, the two companies will identify early opportunities and work together on future technology development, with the goal of improving schedule certainty and project outcomes. The agreement is with BP Exploration & Production Inc.
“The MoU reflects our commitment to advancing the deployment of standardized 20K solutions. By combining proven technologies with repeatable and systematic project delivery, TechnipFMC can help improve predictability and performance across future developments,” said Doug Pferdehirt, TechnipFMC’s chair and CEO.
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