TechnipFMC has won a prized 10-year framework agreement contract from Abu Dhabi National Oil Company (Adnoc) for provide wellheads, trees and associated services to the Emirati state-owned giant.
The UK-based player said in a statement on Tuesday that it has been awarded a “major” surface technologies contract through Gulf Automation Services and Oilfield Supplies (GASOS) for work on Adnoc's fields.
TechnipFMC, describes a “major” contract as one that is valued at over $1 billion.
“Under the framework agreement, TechnipFMC will further grow in-country talent and expand existing manufacturing, assembly and test capabilities in Abu Dhabi in order to deliver the company’s complete portfolio of surface wellheads and trees locally,” the company said.
Barry Glickman, president, surface technologies at TechnipFMC said the award is the company’s “largest-ever surface technologies contract".
“The longevity of the agreement demonstrates Adnoc’s confidence in our ability to comprehensively broaden our capabilities in-country,” he said.