Northern Endurance Partnership Selects TechnipFMC To Deliver First All-Electric iEPCI For Carbon Capture And Storage; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Northern Endurance Partnership has chosen TechnipFMC to deliver the first all-electric integrated Engineering, Procurement, Construction, and Installation (iEPCI) for a Carbon Capture and Storage (CCS) project. The financial terms of the deal were not disclosed.
March 15, 2024 | 12:06 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
TechnipFMC has been selected by Northern Endurance Partnership to deliver the first all-electric iEPCI for a CCS project, marking a significant step in CCS technology deployment.
Being selected for this pioneering CCS project could enhance TechnipFMC's reputation in the energy sector, potentially leading to more contracts and positive investor sentiment. However, without financial details, the direct financial impact remains uncertain.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90