Total awards Nigeria FPSO contract to Technip

Total Upstream Nigeria Ltd. has awarded a $1.08-billion lump sum turnkey contract to Technip as leader in consortium with Hyundai Heavy Industries for the engineering, procurement, supply, construction, and offshore commissioning of an FPSO for the Akpo field development offshore Nigeria. The Akpo field, operated by Total, is on Oil Mining License 130 offshore Nigeria in water depths from 1,100