Technip Awarded Term Agreement in North Sea

Technip was awarded a four-year term agreement by BG Group for the provision of pre-FEED, FEED, full EPIC and IRM services in both the United Kingdom and Norwegian Continental Shelves. Immediately going into effect, this agreement will apply to multiple field developments, and is already being applied to the Blake, Flank and Pi projects. Additionally, the contract contains a provision to extend the contract with a further three one-year options.

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