TechnipFMC Inks Deal with Chevron

TechnipFMC announced on Wednesday it has signed a five-year Surface Technologies Frame Agreement with Chevron (CVX) to cover the exclusive supply of surface wellhead equipment and service in the U.S. and Canada.

Richard Alabaster, President of TechnipFMC’s Surface Technologies business, said, “We are very pleased to extend our partnership with Chevron and to support their development program in North America. We believe that this reflects the strong collaboration we have developed with this major shale operator, based on the demonstrated value of our integrated drilling and completion offering.”