TechnipFMC awarded Subsea Contract for Eni’s Baleine Phase 3 Development Offshore Côte d’Ivoire

TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract by Eni SpA (ENI:MI) for Baleine Phase 3, a fast-track development to expand production from the largest hydrocarbon discovery offshore Côte d’Ivoire.
TechnipFMC will design and manufacture flexible flowlines and risers to connect wells in water depths of approximately 1,200 meters to a new floating production unit.
Jonathan Landes, President, Subsea for TechnipFMC, commented: “This award marks the continued expansion of our collaboration with Eni. We are excited to apply our expertise to provide a robust flexible pipe solution with schedule certainty in support of this fast-track project.”
(1) For TechnipFMC, a “significant” award is valued between $75 million and $250 million. This award was included in inbound orders in the second quarter of 2026.
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