TechnipFMC Awarded Multiple Contracts by Equinor Worth Up to $500 Million
TechnipFMC (FTI) has been awarded multiple contracts by Equinor (EQNR) for a portfolio of subsea tie-back developments offshore Norway. TechnipFMC will design and manufacture subsea production systems and associated controls for the Omega Sor, Brime, and Tyrihans Nord brownfield projects. TechnipFMC will also install rigid pipe on the TWIN development. Jonathan Landes, President, Subsea at TechnipFMC, commented: "We are pleased to support Equinor's strategy to unlock additional resources and extend the life of existing infrastructure on the Norwegian Continental Shelf. By leveraging our standardized subsea solutions, we can help deliver these projects reliably while creating long-term value for Equinor." For TechnipFMC, the total value of these contracts is between $250M and $500M. These awards were included in inbound orders in the second quarter of 2026.
