
TechnipFMC (NYSE:FTI) was recently awarded a new contract by Neptune Energy to provide technical services for its Norwegian operations. The technical service agreement, which builds on an already existing contract between the two firms, has now been optimized to cater to Neptune's future needs.
Per the contract, the French-American, U.K.-domiciled oilfield services giant will continue to provide an extensive range of engineering, studies and technical services for Neptune Energy. The scope of the contract also includes erection work and operational support for Neptune's development projects and producing fields.