{"id":26629,"date":"2026-06-26T01:15:00","date_gmt":"2026-06-25T23:15:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=def42e5c9696c949f8ba7d6989981463"},"modified":"2026-06-26T01:15:00","modified_gmt":"2026-06-25T23:15:00","slug":"technipfmc-awarded-iepci-contract-by-var-energi-in-the-north-sea","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=26629","title":{"rendered":"TechnipFMC Awarded iEPCI\u00ae Contract by V\u00e5r Energi in the North Sea"},"content":{"rendered":"

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a large(1)<\/sup> integrated engineering, procurement, construction, and installation (iEPCI\u00ae<\/sup>) contract by V\u00e5r Energi for the Ofelia and Gj\u00f8a Nord projects in the Gj\u00f8a area of the North Sea.<\/p><\/a><\/a>

\nThis direct award follows a five-year collaboration agreement signed in 2025 to deliver subsea projects utilizing TechnipFMC\u2019s integrated model and accelerate development through coordinated portfolio execution.<\/p>

\nJonathan Landes, President, Subsea at TechnipFMC, commented: \u201cV\u00e5r Energi is applying a portfolio approach in the Gj\u00f8a area to reduce project cycle time and improve project returns. This approach requires deep collaboration and is enabled by TechnipFMC\u2019s unique integrated execution model. We are pleased to support V\u00e5r Energi\u2019s ambition to deliver first oil within two years.\u201d<\/p>

\n(1) For TechnipFMC, a \u201clarge\u201d contract is between $500 million and $1 billion. The majority of inbound associated with this award will be included in the second quarter of 2026, with a portion included in prior quarters.<\/i><\/p>

\nImportant Information for Investors and Securityholders<\/b><\/p>

\nForward-Looking Statement<\/p>

\nThis release contains \"forward-looking statements\" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words \u201cexpect,\u201d \u201cbelieve,\u201d \u201cestimated,\u201d and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, including our assumptions and projections regarding the expected benefits of the awarded contract, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.<\/p>

\nAbout TechnipFMC<\/b><\/p>

\nTechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.<\/p>

\nWith our proprietary technologies and comprehensive solutions, we are transforming our clients\u2019 project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.<\/p>

\nOrganized in two business segments \u2014 Subsea and Surface Technologies \u2014 we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI\u00ae<\/sup>, iFEED\u2122 and iComplete\u00ae<\/sup>), technology leadership and digital innovation.<\/p>

\nEach of our approximately 22,000 employees is driven by a commitment to our clients\u2019 success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.<\/p>

\nTechnipFMC uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to <\/b>www.TechnipFMC.com<\/b><\/a> and follow us on X @TechnipFMC.<\/b><\/p> Contacts<\/b>

\nInvestor relations<\/b><\/p>

\nMatt Seinsheimer\nSenior Vice President, Investor Relations and Corporate Development\nTel: +1 281 260 3665\nEmail: Matt Seinsheimer<\/a><\/p>

\nJames Davis\nDirector, Investor Relations\nTel: +1 281 260 3665\nEmail: James Davis<\/a><\/p>

\nMedia relations<\/b><\/p>

\nLucile Turpin\nVice President, Communications\nEmail: Lucile Turpin<\/a><\/p>","protected":false},"excerpt":{"rendered":"

NEWCASTLE & HOUSTON–(BUSINESS WIRE)–TechnipFMC (NYSE: FTI) has been awarded a large(1) integrated engineering, procurement, construction, and installation (iEPCI\u00ae) contract by V\u00e5r Energi for the Ofelia and Gj\u00f8a Nord projects in the Gj\u00f8a area of the N…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-26629","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/26629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26629"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/26629\/revisions"}],"predecessor-version":[{"id":26630,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/26629\/revisions\/26630"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}