TechnipFMC Wins $600–800 Million iEPCI Contract for bp’s Tiber Project
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TechnipFMC plc has secured a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract from bp for the Tiber development in the Gulf of America, valued between $600 million and $800 million. This contract will be included in the company's inbound orders for Q4 2025 and follows ongoing work for bp’s Kaskida project, awarded in 2024.
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