TechnipFMC wins “significant” subsea contract in Gulf of Mexico from bp worth up to $250 million

January 17, 2024

(WO) — TechnipFMC has been awarded a significant contract by bp for its Argos Southwest Extension project in the Mad Dog field. According to a company statement, the contract award is between $75 million and $250 million.

Argos platform (Source: bp)

TechnipFMC will install pipe and an umbilical, tying back three new wells to the Argos platform in the Gulf of Mexico.

Jonathan Landes, President, Subsea at TechnipFMC, commented, “We have a long-standing relationship with bp, underpinned by close collaboration. This partnership, combined with our robust installation and execution capabilities, enables us to meet bp’s schedule to extend the production in the Mad Dog field.”

Under the contract, TechnipFMC will also manufacture and install pipeline end terminations.

Lead image: Argos platform (Source: bp)

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