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TechnipFMC Awarded a Well Intervention Contract in Australia
Under the agreement, TechnipFMC will initially perform installation and RLWI services in the Greater Western Flank Phase 2 (GWF-2) development, located approximately 175 km northwest of Dampier, Western Australia.
TechnipFMC will install subsea trees and deploy its deepwater RLWI stack to perform well intervention services on up to eight subsea wells in the GWF-2 development.
“This is the second RLWI project for TechnipFMC in Australia and builds upon TechnipFMC’s 400+ wells of prior RLWI experience in the North Sea. TechnipFMC’s RLWI service combines advanced well access and intervention technology with offshore and marine operations capabilities to provide a fully integrated service. We are proud to be selected by Woodside for the provision of vessel-based services,” said Barry Glickman, President of Subsea Services for TechnipFMC.
###
Important Information for Investors and Securityholders
Forward-Looking Statement
This 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 “estimated”, “aimed”, “scheduled” and 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. Known material factors that could cause our actual results to differ from those in the forward-looking statements include the Company's ability to successfully deliver, and Woodside’s acceptance of, the subsea products ordered. For additional information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Registration Statement on Form S-4, 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.
###
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 40,000 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.
ContactsInvestor relations
Matt Seinsheimer
Vice President Investor Relations
Tel: +1 281 260 3665
Email: Matt Seinsheimer
or
James Davis
Senior Manager Investor Relations
Tel: +1 281 260 3665
Email: James Davis
or
Media relations
Christophe Belorgeot
Vice President Corporate Communications
Tel: +33 1 47 78 39 92
Email: Christophe Belorgeot
or
Delphine Nayral
Manager Public Relations
Tel: +33 1 47 78 34 83
Email: Delphine Nayral
or
Lisa Adams
Senior Manager Digital Communications
Tel: +1 281 405 4659
Email: Lisa Adams
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LONDON & PARIS & HOUSTON–(BUSINESS WIRE)–TechnipFMC (Paris:FTI) (NYSE:FTI) (ISIN:GB00BDSFG982) has entered into a
three-year frame agreement with Woodside Energy Ltd in Australia for
Riserless Light Well Intervention (RLWI) and subsea services, including
intervention, installation, and plug and abandonment services.
Under the agreement, TechnipFMC will initially perform installation and
RLWI services in the Greater Western Flank Phase 2 (GWF-2) development,
located approximately 175 km northwest of Dampier, Western Australia.
TechnipFMC will install subsea trees and deploy its deepwater RLWI stack
to perform well intervention services on up to eight subsea wells in the
GWF-2 development.
“This is the second RLWI project for TechnipFMC in Australia and
builds upon TechnipFMC’s 400+ wells of prior RLWI experience in the
North Sea. TechnipFMC’s RLWI service combines advanced well
access and intervention technology with offshore and marine operations
capabilities to provide a fully integrated service. We are proud
to be selected by Woodside for the provision of vessel-based services,”
said Barry Glickman, President of Subsea Services for TechnipFMC.
###
Important Information for Investors and Securityholders
Forward-Looking Statement
This 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 “estimated”, “aimed”, “scheduled” and 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. Known material factors that could
cause our actual results to differ from those in the forward-looking
statements include the Company’s ability to successfully deliver, and
Woodside’s acceptance of, the subsea products ordered. For additional
information regarding known material factors that could cause actual
results to differ from projected results, please see our risk factors
set forth in our filings with the United States Securities and Exchange
Commission, which include our Registration Statement on Form S-4, 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.
###
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 40,000 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.
Contacts
Investor relations
Matt Seinsheimer
Vice President
Investor Relations
Tel: +1 281 260 3665
Email: Matt
Seinsheimer
or
James Davis
Senior Manager Investor
Relations
Tel: +1 281 260 3665
Email: James
Davis
or
Media relations
Christophe Belorgeot
Vice
President Corporate Communications
Tel: +33 1 47 78 39 92
Email:
Christophe Belorgeot
or
Delphine
Nayral
Manager Public Relations
Tel: +33 1 47 78 34 83
Email:
Delphine Nayral
or
Lisa
Adams
Senior Manager Digital Communications
Tel: +1 281 405
4659
Email: Lisa Adams
