TechnipFMC Awarded Flexibles Contract by Petrobras
Business Wire•06/10/2026•16:15 ET
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Key Highlights
- ➤TechnipFMC (FTI) awarded Petrobras subsea contract for flexible pipe systems offshore Brazil
- ➤Contract value ranges from $75 million to $250 million
- ➤Project covers flexible flowlines across multiple Brazilian pre-salt fields
- ➤Award included in TechnipFMC inbound orders during third quarter of 2026
Expert Statements
Jonathan Landes, President, Subsea at TechnipFMC
“This award highlights the confidence Petrobras continues to place in TechnipFMC's execution capabilities. Our industry-leading flexible solutions and ongoing industrialization efforts enable us to deliver greater efficiency, consistency, and predictability as we support Petrobras’ offshore developments and help ensure project timing and performance.”
TechnipFMC (NYSE: FTI) has been awarded a significant((1)) subsea contract by Petrobras, following a competitive bidding process, to supply flexible pipe systems supporting developments offshore Brazil.
TechnipFMC will design, engineer, and manufacture flexible flowlines for use across multiple pre-salt fields. The project will draw on local engineering, manufacturing, and supply chain capabilities, further strengthening Brazil's offshore energy industry.
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