TechnipFMC and BP Sign MoU for 20K Subsea Production Systems

TechnipFMC and BP Exploration & Production Inc. have signed a Memorandum of Understanding (MoU) to supply 20,000 psi subsea tree systems for BP's Paleogene projects in the Gulf of Mexico. The partnership aims to enhance project outcomes and schedule certainty while fostering future technology development. TechnipFMC's leadership emphasized their commitment to standardized 20K solutions through systematic project delivery.