TechnipFMC and BP Sign MOU for Potential 20,000-PSI Gulf Systems

TechnipFMC and BP Sign MOU for Potential 20,000-PSI Gulf Systems

The Oct. 20 agreement covers BP’s Paleogene projects but names no development, equipment volume or delivery schedule.

bp, TechnipFMC advance 20K subsea technology collaboration in Gulf of Mexico

TechnipFMC and bp have agreed to collaborate on the potential deployment of 20,000-psi subsea production systems for bp's Paleogene developments, aiming to improve project predictability, schedule certainty and future technology advancement.

bp, TechnipFMC sign MoU on 20K subsea trees for Paleogene

bp and TechnipFMC have signed an MoU to cooperate on 20,000-psi subsea tree systems for bp’s Paleogene projects in the U.S. Gulf, targeting greater schedule certainty.

TechnipFMC and bp Sign MoU for Supply of 20K Subsea Production Systems

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) today announced the signing of a Memorandum of Understanding (MoU) with BP Exploration & Production Inc., a subsidiary of BP p.l.c. (NYSE: BP), which sets out a framework for bp and TechnipFMC to cooperate in connection with the supply of 20,000 psi (20K) subsea tree systems for bp’s Paleogene projects in the Gulf of America. The MoU allows both parties to identify and work cooperative…