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TechnipFMC and Var Energi Join Forces to Develop North Sea Fields
ZACKS· 2025-07-10 21:06
Key Takeaways FTI signed a five-year collaboration with Var Energi to develop fields near Norway's Gjaa oil site. The alliance will use FTI's iEPCI model to streamline subsea development and cut project risk. The targeted Gjaa Nord, Cerisa and Ofelia fields hold an estimated 110 million barrels of oil equivalent.TechnipFMC plc (FTI) , a global leader in subsea engineering and integrated offshore solutions, has formalized a significant five-year collaboration with Vår Energi, a prominent oil and gas explor ...