The scope of work includes maintenance services, technical assistance, inspection and end-fitting re-termination(1) of flexible pipes and umbilicals, installation support and engineering analysis of operations and installation conditions, among other services.
Hallvard Hasselknippe, President of TechnipFMC’s Subsea business, stated: “We are extremely pleased to have won this important services agreement. It reinforces our long-term commitment to Petrobras’ ongoing and future operations. We value our long-term, collaborative relationship with Petrobras which we will continue to strengthen through strong execution with high focus on safety, quality and efficiency”.
(1) re-termination: end-fitting service – cut and re-assembly of the top part of the flexible pipe in order to repair
###
Important Information for Investors and Securityholders
Forward-Looking Statement
This release contains "forward-looking statements" as defined in Section
27A of the United States Securities Act of 1933, as amended, and Section
21E of the United States Securities Exchange Act of 1934, as amended.
The words “estimated”, “aimed”, “scheduled” and similar expressions are
intended to identify forward-looking statements, which are generally not
historical in nature. Such forward-looking statements involve
significant risks, uncertainties and assumptions that could cause actual
results to differ materially from our historical experience and our
present expectations or projections. Known material factors that could
cause our actual results to differ from those in the forward-looking
statements include the Company's ability to successfully deliver, and
Petrobras’s acceptance of, the products ordered. For additional
information regarding known material factors that could cause actual
results to differ from projected results, please see our risk factors
set forth in our filings with the
We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.
###
About
We are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our clients in developing their oil and gas resources.
Each of our more than 37,000 employees is driven by a steady commitment to clients and a culture of purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved.
To learn more about us and how we are enhancing the performance of
the world’s energy industry, go to TechnipFMC.com and follow us on
Twitter @
View source version on businesswire.com: https://www.businesswire.com/news/home/20180716005916/en/
Source:
TechnipFMC
Investor relations
Matt Seinsheimer,
+1-281-260-3665
Vice President Investor Relations
Matt
Seinsheimer
or
Phillip Lindsay, +44 203 429 3929
Director
Investor Relations Europe
Phillip
Lindsay
or
Media relations
Christophe
Belorgeot, +33 1 47 78 39 92
Vice President Corporate Communications
Christophe
Belorgeot
or
Delphine Nayral, +33 1 47 78 34 83
Senior
Manager Public Relations
Delphine
Nayral
