TechnipFMC and bp have signed a memorandum of understanding covering potential supply of high-pressure subsea tree systems for bp’s Paleogene projects in the US Gulf.
Announced on 20 October 2026, the framework is with BP Exploration & Production Inc. and concerns equipment rated for 20,000 pounds per square inch, commonly called 20K systems.
The companies intend to examine early opportunities together and cooperate on future technology development. TechnipFMC says using standardised equipment and repeatable delivery methods could improve schedule predictability for future developments.
For the subsea supply chain, the agreement establishes a route for earlier coordination between an operator and equipment supplier. It does not disclose an equipment order value, a list of sanctioned projects, delivery dates or recruitment commitments.
Source: TechnipFMC announcement, 20 October 2026.
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Image credit: TechnipFMC at UFRJ Technology Park, Rio de Janeiro, Brazil, 12 April 2024. Company-facility file photograph; it does not show a US Gulf project site or the equipment covered by the agreement. Photo: Thalesrobertoconrado / Wikimedia Commons, CC BY-SA 4.0. Resized and compressed.
