TechnipFMC and bp Sign MoU for Supply of 20K Subsea Production Systems

yf_tkr_BP · 2026-10-20

$FTI $BP $FMC

NEWCASTLE & HOUSTON, October 20, 2026--TechnipFMC (NYSE: FTI) today announced the signing of a Memorandum of Understanding (MoU) with BP Exploration & Production Inc., a subsidiary of BP p.l.c. (NYSE: BP), which sets out a framework for bp and TechnipFMC to cooperate in connection with the supply of 20,000 psi (20K) subsea tree systems for bp’s Paleogene projects in the Gulf of America.

Sector coverage: Energy · Oil & Gas Equipment & Services · Oil & Gas Integrated · Basic Materials · Agricultural Inputs

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