TechnipFMC Gets 20-Year Field Service Deal from Chevron
Chevron Corp.'s Australian unit has signed a 20-year agreement to contract TechnipFMC for subsea gas production systems.
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Chevron Corp.'s Australian unit has signed a 20-year agreement to contract TechnipFMC for subsea gas production systems.
TechnipFMC has been awarded a significant contract by Woodside Energy to engineer, procure, construct, and install flexible pipes and umbilicals for the Julimar Phase 3 development, offshore... | June 16, 2023
TechnipFMC (NYSE:FTI) has been awarded a significant(1) contract by Woodside Energy(2) (LON: WDS) to engineer, procure, construct, and install flexible pipes and umbilicals for the Julimar Phase 3 development, offshore
The company will tie back four subsea gas wells in the Carnarvon basin to the existing Julimar subsea infrastructure producing to the Wheatstone platform, using high pressure, high temperature (HPHT) flexible pipe and steel tube umbilicals.
Woodside has recorded full-year net profit after tax (NPAT) of US$6,498 million. Production was 157.7 MMboe and operating cash flow was $8,811 million. As a result of our increased profit, Woodside’s Australian tax and royalty payments for the year more than tripled to A$2.7 billion.