TechnipFMC Wins $600–800 Million iEPCI Contract for bp’s Tiber Project

Reuters01-06

TechnipFMC Wins $600–800 Million iEPCI Contract for bp’s Tiber Project

TechnipFMC plc announced it has been awarded a large integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by bp for the greenfield Tiber development in the Gulf of America. The contract value for TechnipFMC is between $600 million and $800 million and was included in inbound orders for the fourth quarter of 2025. This award builds on the ongoing engineering and equipment work for bp’s Kaskida project, bp’s first 20,000 psi (20K) Paleogene project, also awarded to TechnipFMC in 2024.

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: 20260105790085) on January 05, 2026, and is solely responsible for the information contained therein.

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