Upgrade to SI Premium - Free Trial

TechnipFMC wins $75M–$250M flexible pipe deal for Azule Energy

August 11, 2026 4:15 PM

TechnipFMC (NYSE: FTI) has been awarded a contract valued between $75 million and $250 million to supply flexible flowlines and risers for Azule Energy's West Hub Tails project, an extension of the Block 15/06 Agogo Integrated Development.



Under the contract, TechnipFMC will design and manufacture flexible flowlines, risers, and associated equipment to consolidate production from the West Hub area into the Agogo Floating Production, Storage, and Offloading vessel.



The award will be recorded in TechnipFMC's inbound orders in the third quarter of 2026.



Jonathan Landes, President of Subsea at TechnipFMC, said: "We appreciate Azule's continued trust in TechnipFMC to support the Agogo development, where our team has an exemplary track record of safe, on-time execution across two previous phases."

Categories

Corporate News