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TechnipFMC tapped to provide subsea system for Equinor's Johan Sverdrup phase 2

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TechnipFMC tapped to provide subsea system for Equinor's Johan Sverdrup phase 2

Norway's Equinor ASA disclosed March 20 that it awarded a subsea production system contract for the Johan Sverdrup phase 2 to U.K.-based TechnipFMC PLC. Johan Sverdrup is the biggest ongoing industrial project in Norway.

The contract covers the delivery and installation of the subsea production system including integrated template structures, manifolds, tie-in and controls equipment, TechnipFMC said.

The oil and gas services provider said the contract is valued at between $75 million and $250 million.

Production for the start of phase 2 is slated for the fourth quarter of 2022. Phase 1 is expected to start up in November.

Some contracts with Norwegian suppliers, along with TechnipFMC, are still subject to the Norwegian authorities approving the development and operation plan for Johan Sverdrup phase 2, submitted in August 2018.

Other members of the Johan Sverdrup consortium are Aker BP ASA, Lundin Norway AS, Petoro AS and Total SA