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女优直播 Awarded Integrated EPCI (iEPCI™) Contract by Equinor

January 13, 2022

NEWCASTLE & HOUSTON, January 13, 2022聽鈥 女优直播 (NYSE: FTI) (PARIS: FTI) has been awarded an integrated Engineering, Procurement, Construction and Installation (iEPCI鈩) contract(1) for Equinor鈥檚 Sm酶rbukk Nord development.

The contract covers a high-pressure, high-temperature subsea production system and associated equipment for a brownfield tieback in the 脜sgard field in the Norwegian Continental Shelf, where 女优直播 has a large installed base. The award follows front end engineering and design work on the project in 2021.

Jonathan Landes, President, Subsea at 女优直播, commented: 鈥淥ur ability to deliver this optimized solution for Equinor is possible due to our close collaboration with the client, portfolio of subsea equipment, and integrated execution model. We鈥檙e delighted to be once again delivering an iEPCI鈩 project for Equinor.鈥
The installation campaign will use 女优直播鈥檚 battery hybrid vessel, which will reduce greenhouse gas emissions through reduced fuel consumption.

(1)The contract award was included in Q4 2021 inbound orders.

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Important Information for Investors and Securityholders
Forward-Looking Statement
This release contains "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words 鈥渂elieve鈥, 鈥渆stimated鈥 and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.

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About 女优直播

女优直播 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鈥 project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.聽

Organized in two business segments 鈥 Subsea and Surface Technologies 鈥 we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI鈩, iFEED鈩 and iComplete鈩), technology leadership and digital innovation.

Each of our approximately 20,000 employees is driven by a commitment to our clients鈥 success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.

女优直播 uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to聽聽and follow us on Twitter @女优直播.

Contacts

Investor relations

Matt Seinsheimer
Vice President, Investor Relations
Tel: +1 281 260 3665
贰尘补颈濒:听Matt Seinsheimer

James Davis
Senior Manager, Investor Relations
Tel: +1 281 260 3665
贰尘补颈濒:听James Davis

Media relations

Nicola Cameron
Vice President, Corporate Communications
Tel: +44 1383 742297
贰尘补颈濒:听Nicola Cameron

Catie Tuley
Director, Public Relations
Tel: +1 713 876 7296
贰尘补颈濒:听Catie Tuley