TechnipFMC (FTI) has been awarded a significant contract by Ithaca Energy for flexible risers on the Captain development in the U.K. North Sea. TechnipFMC will design, manufacture, and install flexible risers, flowlines, and associated hardware. The Captain field has benefited from technology enhancements since first production in 1997, including the second phase of an enhanced oil recovery project supported by TechnipFMC in 2024. Jonathan Landes, President, Subsea at TechnipFMC, commented: “TechnipFMC has supported Ithaca on several subsea developments for more than a decade. We collaborated on the Captain field to optimize the layout and provide a flexible riser solution that can enhance production. We look forward to strengthening our relationship and helping enable their future development and expansion ambitions.” For TechnipFMC, a “significant” contract is between $75M and $250M.
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