Energy, Oil & Gas

TechnipFMC, bp sign MoU for supply of 20k subsea production systems

TechnipFMC announced the signing of a Memorandum of Understanding (MoU) with BP Exploration & Production, a subsidiary of BP, establishing a framework for the two companies to cooperate on the supply of 20,000 psi (20K) subsea tree systems for BP’s Paleogene projects in the Gulf of America....