05:04 PM EDT, 09/23/2025 (MT Newswires) -- TechnipFMC ( FTI ) said late Tuesday it has been awarded a "significant" contract for subsea production systems by Petrobras (PBR) following a tendering process.

The company said a "significant" contract for the firm is between $75 million and $250 million.

TechnipFMC ( FTI ) said it will design, engineer, and manufacture the systems, adding that the contract also covers installation support and life-of-field services.