
October 21, 2026 · 1 day ago
Managing Editor
UK's BP has entered into an agreement with TechnipFMC for the supply of 20,000 psi (20K) subsea tree systems for its projects in the Gulf of America's Paleogene, said to be an oil-rich geological area.
TechnipFMC signed a memorandum of understanding (MoU) with BP Exploration & Production Inc. which sets out a framework for the parties to cooperate in connection with the supply of 20K subsea tree systems for BP’s Paleogene projects in the Gulf of America (U.S. Gulf of Mexico).
According to TechnipFMC, the MoU allows both parties to identify and work cooperatively on early opportunities and future technology development in support of greater schedule certainty and improved project outcomes.
Doug Pferdehirt, Chair and CEO at TechnipFMC, said: “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.”
Republished from Offshore Energy.
View the original at Offshore Energy →Source: Offshore Energy
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