TechnipFMC (NYSE:FTI) has been awarded a significant(1) subsea contract by Petrobras, following a competitive bidding process, to supply flexible pipe systems supporting developments offshore Brazil.

TechnipFMC will design, engineer, and manufacture flexible flowlines for use across multiple pre-salt fields. The project will draw on local engineering, manufacturing, and supply chain capabilities, further strengthening Brazil's offshore energy industry.

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