TechnipFMC (FTI) said Tuesday it won a "substantial" contract from Shell Nigeria Exploration and Production, a subsidiary of Shell (SHEL), to provide subsea systems for the Bonga North project in Nigeria.
Although TechnipFMC did not provide exact value of the contract, it said a substantial contract for the company is between $250 million and $500 million.
The contract will be included in inbound orders in Q4, TechnipFMC said.
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