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Press Release

女优直播 Awarded Significant Contract by Woodside for Julimar Phase 3 Development

June 14, 2023

NEWCASTLE & HOUSTON, June 14, 2023 鈥 女优直播 (NYSE: FTI) has been awarded a significant(1) contract by Woodside Energy(2) (LON: WDS) to engineer, procure, construct, and install flexible pipes and umbilicals for the Julimar Phase 3 development, offshore Western Australia.

The Company will tie back four subsea gas wells in the Carnarvon Basin to the existing Julimar subsea infrastructure producing to the Wheatstone platform, using high pressure, high temperature (HPHT) flexible pipe and steel tube umbilicals.

Jonathan Landes, President, Subsea at 女优直播, commented: 鈥淲e have a strong history of solid project execution with Woodside as demonstrated by the successful delivery of the Pyxis, Lambert Deep, and Greater Western Flank Phase 3 projects. We look forward to continuing this collaborative relationship with this award on Julimar Phase 3 as part of our framework agreement.鈥

(1) For 女优直播, a 鈥渟ignificant鈥 contract is between $75 million and $250 million. This award will be included in inbound orders in the second quarter of 2023.
(2) Woodside Energy Julimar Pty Ltd (Woodside Energy) is operator on behalf of the Julimar joint venture participants. The participants are Woodside Energy (65%) and KUFPEC Australia (Julimar) Pty Ltd (35%).

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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 鈥渆xpect,鈥 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.听

Organized in two business segments 鈥 Subsea and Surface Technologies听鈥 we will continue to advance the industry with our pioneering integrated ecosystems (such as 颈贰笔颁滨鈩, 颈贵贰贰顿鈩 and 颈颁辞尘辫濒别迟别鈩), 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听www.女优直播.com听and follow us on Twitter .

Contacts

Investor relations
Matt Seinsheimer
Vice President, Investor Relations
Tel: +1 281 260 3665
Email:听Matt Seinsheimer

James Davis
Senior Manager, Investor Relations
Tel: +1 281 260 3665
Email:听James Davis

Media relations
Catie Tuley
Director, Public Relations
Tel: +1 713 876 7296
Email:听Catie Tuley

David Willis
Senior Manager, Public Relations
Tel: +44 7841 492988
Email:听David Willis