TechnipFMC has secured a significant contract to supply flexible flowlines and risers for Azule Energy's West Hub Tails project, an extension of the Block 15/06 Agogo Integrated Development offshore Angola, the company announced on August 11, 2026.

Contract Scope and Value

The award, valued between USD 75 million and USD 250 million under TechnipFMC's contract classification system, covers the design and manufacture of flexible flowlines, risers, and associated equipment.

The infrastructure will be deployed to handle all production from the West Hub area, routing output for consolidation into the Agogo Floating Production, Storage, and Offloading (FPSO) vessel.

TechnipFMC said the award will be recorded in inbound orders during the third quarter of 2026. The contract was placed by Azule Energy, the Angola-focused joint venture that operates the Block 15/06 acreage.

The West Hub Tails project represents a further expansion of the Agogo field development, building on infrastructure and production systems already established at the site.

TechnipFMC's Prior Work at Agogo

Jonathan Landes, President of Subsea at TechnipFMC, highlighted the company's history with the Agogo development in commenting on the award. According to Landes, TechnipFMC's team has completed two previous phases of work at the Agogo development, which he described as demonstrating an exemplary track record of safe, on-time execution.

Landes said the company is positioned to deliver what he characterized as a robust solution with schedule certainty on what he described as a fast-track development.

The language underscores the time-sensitive nature of the West Hub Tails project, with TechnipFMC drawing on its existing familiarity with the field and its installed systems to support delivery timelines.

Role of Flexible Pipe in the Development

Flexible flowlines and risers are critical subsea infrastructure components, connecting wellheads on the seabed to floating production facilities at the surface.

In this application, the equipment TechnipFMC will design and manufacture is intended to carry production from the West Hub area to the Agogo FPSO, which serves as the central processing and storage hub for the broader Agogo Integrated Development. The Agogo field sits within Block 15/06, a deepwater license offshore Angola.

The integrated development has been constructed in phases, with each expansion extending the productive life and output capacity of the hub by bringing additional reservoir areas into production. The West Hub Tails project follows this same pattern, tying in further production to the existing floating facility.

TechnipFMC's Subsea Business

TechnipFMC describes itself as a leading technology provider to the traditional and new energy industries, organized into two business segments: Subsea and Surface Technologies.

The company employs approximately 22,000 people globally and markets a range of integrated project delivery models, including its iEPCI, iFEED, and iComplete ecosystems.

The Subsea segment, which encompasses the West Hub Tails contract, covers the design, manufacture, and installation of subsea systems including flexible pipe products of the type being supplied to Azule Energy.

TechnipFMC is listed on the New York Stock Exchange under the ticker FTI and is headquartered with dual offices in Newcastle and Houston, from which the August 11 announcement was issued.

Azule Energy and Block 15/06

Azule Energy is the operator of Block 15/06, which hosts the Agogo Integrated Development. The West Hub Tails project represents continued investment by Azule in the development and production capacity of the block.

By extending the development to accommodate additional production areas within the West Hub, the project aims to sustain and potentially increase output flowing through the Agogo FPSO.

The contract award continues what TechnipFMC characterized as an ongoing relationship with Azule Energy at the Agogo development. Landes specifically cited Azule's continued trust in TechnipFMC, referencing the prior phases of work completed at the same field before this third engagement.

Inbound Orders and Financial Reporting

TechnipFMC's classification of the contract as significant places its value in the range of USD 75 million to USD 250 million.

The company will include the award in its inbound orders for the third quarter of 2026, making it a contributor to the financial metrics TechnipFMC reports to investors for that period.

The company uses a tiered system to characterize contract awards by size, with significant representing one band within that framework. This classification provides investors with guidance on the approximate scale of new business secured without disclosing the precise contract value, which is common practice in the subsea contracting industry where commercial terms are often kept confidential between contracting parties.