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

October 20, 2026 · 4:15 PM · NEWCASTLE & HOUSTON

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 cooperatively on early opportunities and future technolog...

PublishedOctober 20, 2026 · 4:15 PM
LocationNEWCASTLE & HOUSTON
IndustryEnergy
LanguageEN

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