TechnipFMC (NYSE: FTI) has been awarded a FEED contract by BP (NYSE: BP) for the FPSO unit for the Tortue/Ahmeyim field development, the company said on April 16.
The LNG project is located offshore on the maritime border of Mauritania and Senegal.
The agreement between the two companies provides a mechanism to allow a transition of the contract to an engineering, procurement, construction and installation contract at a later stage.
TechnipFMC will work on defining the technology and equipment scope, leveraging extensive experience with Chinese fabrication.
“We look forward to collaborating with BP to unlock the full potential of this important project,” Nello Uccelletti, TechnipFMC’s onshore, offshore business president, said.
The initial subsea infrastructure connects the first four wells consolidated through production pipelines leading to a FPSO vessel. From here liquids are removed and the export gas is transported via a pipeline to the floating LNG hub terminal where the gas is liquefied.
The Tortue/Ahmeyim field development is located in the C-8 Block off the shore of Mauritania and the Saint-Louis Profond block offshore Senegal. The Tortue discovery was made by Kosmos Energy (NYSE: KOS), which farmed down its investment to BP in December 2016. BP now has the largest interest (about 60%) among the four partners in the project and is the operator.
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