TechnipFMC wins significant flexible pipe contract from Ithaca Energy

Reuters12-09 05:15

TechnipFMC wins significant flexible pipe contract from Ithaca Energy

TechnipFMC plc has announced the award of a significant contract by Ithaca Energy for the supply of flexible risers on the Captain development in the U.K. North Sea. Under the terms of the contract, TechnipFMC will design, manufacture, and install flexible risers, flowlines, and associated hardware. The Captain field, which has been in production since 1997, is undergoing technology enhancements, including a second phase of an enhanced oil recovery project supported by TechnipFMC in 2024. The value of a "significant" contract for TechnipFMC is defined as being between $75 million and $250 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TechnipFMC plc published the original content used to generate this news brief via Business Wire (Ref. ID: 20251208719205) on December 08, 2025, and is solely responsible for the information contained therein.

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