07:30 AM EDT, 09/02/2025 (MT Newswires) -- TechnipFMC ( FTI ) said Tuesday it has been awarded two flexible pipe contracts from Petroleo Brasileiro (PBR), or Petrobras, for use in multiple basins in Brazil.

The first contract, valued at between $250 million and $500 million, is for designing, engineering, and manufacturing flexible gas injection risers in the Santos Basin.

The second contract, valued at $75 million to $250 million, is for designing, engineering, and manufacturing flexible risers and flowlines for deployment on assets in the Campos Basin.

The company said it will conduct manufacturing activities at its facility in Acu, Brazil.