TechnipFMC Awarded a Significant Integrated EPCI (iEPCI™) Subsea Contract for the BP Thunder Horse Expansion Project

LONDON & PARIS & HOUSTON–(BUSINESS WIRE)–TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a significant⁽¹⁾
integrated Engineering, Procurement, Construction and Installation
(iEPCI) contract by BP for the Thunder Horse South Expansion 2 Project
located in the Gulf of Mexico.

TechnipFMC will manufacture, deliver and install subsea equipment,
including subsea tree systems, manifolds, flowline, umbilicals and
subsea tree jumpers, pipeline end terminations, subsea distribution and
topside control equipment. This is the second iEPCI awarded to
TechnipFMC by BP following Atlantis Phase 3 in the first quarter of 2019.

Arnaud Pieton, President Subsea at TechnipFMC, commented: “We are
very pleased to have been awarded this iEPCI contract for BP in the
Gulf of Mexico. This award confirms the trust we have built over the
long term with BP and demonstrates the continued adoption of our iEPCI
offering.”

The Thunder Horse field is located in Mississippi Canyon Blocks 776, 777
and 778, in the Boarshead Basin, 200 kilometers south-east of New
Orleans. It is one of the largest fields in the Gulf of Mexico and lies
at a water depth of 1,830 meters.

⁽¹⁾For TechnipFMC, a “significant” contract is
between $75 million and $250 million

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About TechnipFMC

TechnipFMC is a global leader in subsea, onshore/offshore, and surface
projects. With our proprietary technologies and production systems,
integrated expertise, and comprehensive solutions, we are transforming
our clients’ project economics.

We are uniquely positioned to deliver greater efficiency across project
lifecycles from concept to project delivery and beyond. Through
innovative technologies and improved efficiencies, our offering unlocks
new possibilities for our clients in developing their oil and gas
resources.

Each of our more than 37,000 employees is driven by a steady commitment
to clients and a culture of purposeful innovation, challenging industry
conventions, and rethinking how the best results are achieved.

To learn more about us and how we are enhancing the performance of
the world’s energy industry, go to TechnipFMC.com and follow us on
Twitter @TechnipFMC.

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