TechnipFMC has secured an integrated engineering, procurement, construction and installation (iEPCI) contract from bp for the Tiber development in the Gulf of Mexico. The financial details of the Tiber contract have not been disclosed, but it is estimated to be between $600m and $800m. The contract was recorded in TechnipFMC's inbound orders for the fourth quarter of 2025 (Q4 2025). It builds on ongoing engineering and equipment work for bp’s initial 20,000 pounds per square inch Kaskida project in the ...