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TechnipFMC Signs MoU With BP to Support Deepwater Oil Projects

Source: zacks.com

Technology & InnovationEnergy Markets & PricesCompany Fundamentals
TechnipFMC Signs MoU With BP to Support Deepwater Oil Projects

FTI is strengthening its partnership with BP on standardized 20K subsea systems, building on the Kaskida and Tiber projects. The companies aim to pursue future deepwater opportunities; the brief report gives no financial figures or market reaction.

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