Angola's $6B deepwater project passes 50% completion; subsea gear buildout on track
Published 23 h ago1 sourceEvidence: Unknown
BP has contracted TechnipFMC to supply 20,000 psi subsea tree systems for its Gulf of Mexico projects, indicating continued investment in high-pressure deepwater production. The deal underscores sustained upstream capital expenditure in the region, though financial terms and project timelines remain undisclosed. This supports long-term US oil supply growth, with implications for global energy markets.
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