TechnipFMC wins Equinor subsea tie-back contracts in Norway
- Contracts cover subsea tie-back developments offshore Norway including Omega Sør, Brime and Tyrihans Nord.
- TechnipFMC will design and manufacture subsea production systems and associated controls for Omega Sør, Brime and Tyrihans Nord.
- TechnipFMC will install rigid pipe on the TWIN development.
- Total value to TechnipFMC is between $250 million and $500 million; awards were included in inbound orders in the second quarter of 2026.
Overview
TechnipFMC has been awarded multiple contracts by Equinor for a portfolio of subsea tie-back developments offshore Norway.
Scope of work
TechnipFMC will design and manufacture subsea production systems and the associated controls for the Omega Sør, Brime and Tyrihans Nord brownfield projects. The company will also perform rigid pipe installation on the TWIN development.
Financials and booking
For TechnipFMC the total value of these contracts is stated as between $250 million and $500 million. These awards were included in inbound orders in the second quarter of 2026.
Comment and investor note
Jonathan Landes, President, Subsea at TechnipFMC, said the awards support Equinor’s strategy to unlock additional resources and extend the life of existing Norwegian Continental Shelf infrastructure and that standardized subsea solutions will help deliver the projects reliably while creating long-term value for Equinor.
The release also includes a forward-looking statement caution noting such statements involve risks, uncertainties and assumptions that could cause actual results to differ materially from expectations and that the company undertakes no obligation to update those statements except as required by law.
Source: Technip
