- TechnipFMC awarded a contract valued between $75 million and $250 million.
- The project involves flexible risers for the Captain field in the U.K. North Sea.
- TechnipFMC has supported the Captain field since 1997.
- Enhanced oil recovery project phase two was completed in 2024.
Contract Award
TechnipFMC has secured a significant contract from Ithaca Energy for the Captain development in the U.K. North Sea. The contract, valued between $75 million and $250 million, involves the design, manufacture, and installation of flexible risers, flowlines, and associated hardware.
Project Scope
The Captain field, which began production in 1997, has seen various technological enhancements over the years. This project is part of ongoing efforts to optimize production and support future development and expansion ambitions.
Previous Collaborations
TechnipFMC has a longstanding relationship with Ithaca Energy, having supported several subsea developments over the past decade. The company played a key role in the second phase of an enhanced oil recovery project at the Captain field, completed in 2024.
