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TechnipFMC Awarded $1 Billion iEPCI™ Contract for Shell’s Gato do Mato Development Offshore Brazil

TechnipFMC Awarded $1 Billion iEPCI™ Contract for Shell’s Gato do Mato Development Offshore Brazil

03/26/25, 1:20 AM
Money
$1 billion
Type
contract
TechnipFMC has been awarded a major integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Shell for its Gato do Mato greenfield development offshore Brazil. The project will utilize Subsea 2.0® configure-to-order (CTO) subsea production systems, enabling streamlined project management through a single interface and accelerating time to first oil.

Company Info

Company
TechnipFMC
Additional Info
TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services. With our proprietary technologies and comprehensive solutions, we are transforming our clients’ project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions. Organized in two business segments — Subsea and Surface Technologies — we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI™, iFEED™ and iComplete™), technology leadership and digital innovation. Each of our approximately 20,000 employees is driven by a commitment to our clients’ success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.