TechnipFMC has been awarded a significant contract for the subsea production system for Equinor's Verdande project on the Norwegian Continental Shelf. The contract awarded under TechnipFMC's framework agreement with Equinor -- covers the complete subsea production system including subsea trees and structures, control systems, connections, tooling, and installation support. For TechnipFMC, a "significant" contract is between $75 million and $250 million.