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TechnipFMC Receives Notice To Proceed For Northern Endurance Partnership's Carbon Capture And Storage Project

Benzinga ·  Dec 12, 2024 05:19

TechnipFMC (NYSE:FTI) has been given full notice to proceed with the previously announced contract for the first all-electric integrated project by the Northern Endurance Partnership (NEP), a joint venture between bp, Equinor, and TotalEnergies. This notice follows NEP's announcement of financial close and entry into the execution phase of the carbon dioxide (CO2) transportation and storage infrastructure in the United Kingdom's East Coast Cluster.

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