04:48 PM EST, 12/17/2024 (MT Newswires) -- TechnipFMC ( FTI ) said Tuesday it won a "substantial" contract from Shell Nigeria Exploration and Production, a subsidiary of Shell (SHEL), to provide subsea systems for the Bonga North project in Nigeria.

Although TechnipFMC ( FTI ) did not provide exact value of the contract, it said a substantial contract for the company is between $250 million and $500 million.

The contract will be included in inbound orders in Q4, TechnipFMC ( FTI ) said.