TechnipFMC gets frame agreement from Chevron

Source: TechnipFMC

Oilfield services provider TechnipFMC has signed a surface technologies frame agreement with oil major Chevron.

This five-year agreement covers the exclusive supply of surface wellhead equipment and service in the United States and Canada, TechnipFMC said on Wednesday.

Richard Alabaster, President of TechnipFMC’s Surface Technologies business, commented: “We are very pleased to extend our partnership with Chevron and to support their development program in North America.”

He added: “We believe that this reflects the strong collaboration we have developed with this major shale operator, based on the demonstrated value of our integrated drilling and completion offering.”

Chevron is finding and producing crude oil and natural gas from beneath the waters of the Gulf of Mexico, the tight rock of Pennsylvania, Texas and Alberta, and the fields of central California.

Much of Chevron’s Gulf of Mexico deepwater production comes from Jack/St. Maloo, Tahiti, Blind Faith and Caesar/Tonga fields and the Perdido Regional Development.

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