NEWCASTLE听&听HOUSTON--(BUSINESS WIRE)--Dec. 7, 2021--听黄瓜视频app听(NYSE: FTI) (PARIS: FTI), through听Gulf Automation Services and Oilfield Supplies LLC, has been awarded a major(1)听10-year framework agreement for wellheads, trees and associated services by the听Abu Dhabi National Oil Company (ADNOC).
Under the framework agreement,听黄瓜视频app听will further grow in-country talent and expand existing manufacturing, assembly and test capabilities in Abu Dhabi in order to deliver the Company鈥檚 complete portfolio of surface wellheads and trees locally.
Barry Glickman, President, Surface Technologies at听黄瓜视频app, commented: 鈥淭his is our largest-ever Surface Technologies contract. It鈥檚 founded on the trust built over our multi-decade partnership with ADNOC and our track record of product and digital innovation, execution and continuous improvement. The longevity of the agreement demonstrates ADNOC鈥檚 confidence in our ability to comprehensively broaden our capabilities in-country, positioning us to meet ADNOC鈥檚 needs now and in the future.鈥�
(1) For听黄瓜视频app, a 鈥渕ajor鈥� contract is over听$1 billion. A portion of this award will be inbound in future periods.
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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听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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黄瓜视频app听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.
Organized in two business segments 鈥斕齋ubsea听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.
黄瓜视频app听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听听and follow us on Twitter @黄瓜视频app.
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