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TechnipFMC (FTI) Lands Large iEPCI Contract in the Mediterranean

Jul 24, 2024, 9:46 AM EDT1 sourcesAI-analyzed

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TechnipFMC awarded $500 million-$1 billion iEPCI contract by Energean. Contract for Katlan development enhances TechnipFMC’s subsea capabilities. Field holds 1.1 trillion cubic feet of gas reserves, promising high returns. First production aimed to enhance project economics through optimized design.

  • TechnipFMC awarded $500 million-$1 billion iEPCI contract by Energean.
  • Contract for Katlan development enhances TechnipFMC’s subsea capabilities.
  • Field holds 1.1 trillion cubic feet of gas reserves, promising high returns.
  • First production aimed to enhance project economics through optimized design.

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