TechnipFMC Awarded Contract for the Statoil Snorre Expansion Project in the North Sea

LONDON & PARIS & HOUSTON–(BUSINESS WIRE)–TechnipFMC (Paris:FTI) (NYSE:FTI) (ISIN:GB00BDSFG982) (NYSE: FTI)
(PARIS: FTI) has been awarded an Engineering, Procurement & Construction
(EPC) contract by Statoil for the Snorre Expansion Project.

The Snorre Expansion contract covers the delivery of subsea production
systems and includes 6 subsea templates and subsea production equipment.
Snorre is located in the Tampen area of the North Sea and has been
producing oil and gas since August 1992.

Hallvard Hasselknippe, President Subsea Projects at TechnipFMC,
commented: “TechnipFMC has delivered subsea equipment to Snorre since
the field started production. We are happy to continue supporting
Statoil on the Snorre field, extending the production for another 20
years.”

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 “scheduled,” “estimated” and other 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
Statoil’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

TechnipFMC
Investor relations
Matt Seinsheimer,
+1 281-260-3665
Vice President Investor Relations
Matt
Seinsheimer
or
James Davis, +1 281-260-3665
Senior
Manager Investor Relations
James
Davis
or
Media relations
Christophe Belorgeot,
+33 1 47 78 39 92
Vice President Corporate Communications
Christophe
Belorgeot
or
Delphine Nayral, +33 1 47 78 34 83
Manager
Public Relations
Delphine
Nayral
or
Lisa Adams, +1 281-405-4659
Senior Manager
Digital Communications
Lisa
Adams