TechnipFMC Awarded Substantial Subsea Contract for the Coral North FLNG Development Offshore Mozambique
TechnipFMCTechnipFMC(US:FTI) Businesswire·2025-12-18 21:15

Core Viewpoint - TechnipFMC has secured a significant contract from Eni S.p.A. for the Coral North development, marking a key advancement in the floating liquefied natural gas (FLNG) sector offshore Mozambique [1] Group 1: Contract Details - The awarded contract encompasses Engineering, Procurement, Construction, and Installation (EPCI) services [1] - The Coral North project is the second FLNG initiative in Mozambique, situated at a water depth of approximately 2,000 meters [1] Group 2: Company Insights - Jonathan Landes, President of Subsea for TechnipFMC, expressed enthusiasm about collaborating with Eni and their consortium partners in Mozambique [1] - The company aims to leverage its expertise in subsea operations for the successful execution of the project [1]