7:00 | 21.03.2017
TechnipFMC Awarded an Onshore Contract in Ghana
TechnipFMC (Paris:FTI) (NYSE:FTI) (ISIN:GB00BDSFG982) has been awarded a
contract by ENI Ghana E&P Limited (a subsidiary of ENI, GNPC(1)
and Vitol), for the onshore part of the OCTP(2) development
of the Sankofa field, offshore Ghana.
Under this contract, TechnipFMC will perform the project management,
engineering, supply, construction and commissioning (EPC) for the
Onshore Receiving Facilities (ORF) located in Sanzule, which form part
of the Gas to Power Plan.
The contract will be mainly executed by the teams of TechnipFMC in
Ghana. The project is scheduled for completion by mid-2018.
Nello Uccelletti, President of TechnipFMC’s Onshore/Offshore business,
commented: “We are proud to have been awarded this new contract,
which rewards TechnipFMC’s long term commitment in Africa and plays a
strategic role in the Gas to Power program in Ghana. This success also
results from TechnipFMC’s sustainable development work in Ghana, in
particular our permanent Engineering Center located in Accra.”
Ghana National Petroleum Company
Offshore Cape Three Points
TechnipFMC is a global leader in subsea, onshore/offshore, and surface
projects. With our proprietary technologies and production systems,
integrated expertise, and comprehensive solutions, we are transforming
our clients’ project economics.
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
Each of our 44,000 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
Important Information for Investors and Securityholders
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 word “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 ENI’s acceptance of,
the onshore 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 United States Securities and Exchange Commission, which include
our Registration Statement on Form S-4, Annual Reports on Form 10-K,
Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
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
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