TECHNIPFMC TO DELIVER FIRST ALL-ELECTRIC IEPCI™ FOR CARBON CAPTURE AND STORAGE

TechnipFMC has been selected to deliver the first all-electric integrated project by the Northern Endurance Partnership (NEP), a joint venture between bp, Equinor, and TotalEnergies.

TechnipFMC will use its integrated Engineering, Procurement, Construction, and Installation (iEPCI™) execution model to deliver this project. The Company’s all-electric solution will collect and feed the pressurized gas into an aquifer for permanent storage.

This contract covers the supply and installation of an all-electric subsea system, including manifolds, umbilicals, and pipe.

An all-electric system drives simplification of the field design, enabling the reduction of infrastructure and installation time through the removal of hydraulic components and simplified umbilicals. The technology also enables the development of projects over long distances.

The NEP project will leverage TechnipFMC’s strong local presence across the UK. The full contract award is subject to the receipt of regulatory clearances and final investment decision, expected in late 2024.