TechnipFMC and bp Sign MoU for Supply of 20K Subsea Production Systems

TechnipFMC has signed a Memorandum of Understanding (MoU) with BP Exploration & Production Inc., a subsidiary of BP p.l.c., establishing a framework for cooperation on the supply of 20,000 psi (20K) subsea tree systems for BP’s Paleogene projects in the Gulf of America.

The agreement enables both companies to identify and collaborate on early-stage opportunities and future technology development, with the aim of improving project outcomes and providing greater certainty in project schedules.

Doug Pferdehirt, Chair and CEO at TechnipFMC, commented: “The MoU reflects our commitment to advancing the deployment of standardized 20K solutions. By combining proven technologies with repeatable and systematic project delivery, TechnipFMC can help improve predictability and performance across future developments.”