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TechnipFMC Awarded Significant Subsea Contract for PetroVietnam Gas’ Nam Con Son 2 Phase 2 Gas Pipeline Development in Vietnam

Posted 15 Oct-2019 12:38 PM by Matt | 35


LONDON & PARIS & HOUSTON--(Press Release Power)--TechnipFMC (NYSE: FTI) (PARIS: FTI) has been gave a significant(1) contract by PetroVietnam Gas for the Engineering, Procurement and Edifice (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long sink in Vietnam.
The choice of the bond covers engineering and fitting of 118 kilometers of rigid pipeline as well as the construction of subsea assemblies to tie back the current Nam Con Son 2 Phase 1 gas tube to the Wide Hai Landfall Post.
Arnaud Piéton, President Subsea at TechnipFMC, commented: “We are very pleased to have been entrusted with the Nam Con Son 2 Phase 2 pipeline contract. This pipeline collects and transports gas from several reserves to help meet the request in Southeast Vietnam, and we air onward to cooperating with PetroVietnam Gas on this project.”
(1)For TechnipFMC, a “important” contract is between $75 million and $250 million
Important Information for Investors and Securityholders
Progressive Declaration
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 “believe”, “assessed” 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, qualms and assumptions that could cause actual results to differ materially from our historical experience and our present outlooks or plans.
 For gen about known material factors that could cause actual results to differ from projected results, please see our risk matters set forth in our filings with the United States Refuges and Exchange Command, which contain our Yearly 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 reports, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our progressive statements after the date they are made, whether as a result of new gen, future events or otherwise, except to the extent obligatory 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 customers’ project economics.
We are exclusively positioned to deliver greater competence across project lifespans from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new potentials for our clients in developing their oil and gas resources.
Every of our more than 37,000 employees is driven by a steady commitment to clients and a culture of decisive revolution, interesting industry conventions, and reconsidering how the best fallouts are reached.
TechnipFMC utilizes its website www.TechnipFMC.com as a channel of distribution of material company information. To learn more about us and how we are enhancing the performance of the world’s energy industry, go to www.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

Source: https://www.technipfmc.com/en/media/press-releases/2019/10/technipfmc-awarded-significant-subsea-contract-for-petrovietnam-gas-nam-con-son-2-phase-2-gas-pipeli


Company Information

Company Name Contact Person Contact Number Email Id Website
TechnipFMC Awarded Significant Subsea Matt Seinsheimer 12812603665 [email protected] https://www.technipfmc.com

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