# TechnipFMC and BP Sign Gulf Systems Deal

> TechnipFMC and BP agree to explore 20,000-psi subsea systems for Gulf projects.
- Title: TechnipFMC and BP Sign Gulf Systems Deal · TokenPost
- Summary: TechnipFMC and BP agree to explore 20,000-psi subsea systems for Gulf projects. TechnipFMC and BP signed a memorandum of understanding to discuss potential…
- Keywords: technipfmc, gulf of america, paleogene projects, subsea tree systems, 20000-psi, crypto, finance, Sign, Gulf, Systems, Deal, TokenPost
- Source: TokenPost — https://tokenpost.com/news/business/37420
- Published: 2026-10-22T03:49:27+00:00
- Read time: 1 min
- Topics: technipfmc, bp, gulf of america, paleogene projects, subsea tree systems, 20000-psi, crypto, finance
## New Memorandum of Understanding
TechnipFMC and BP Exploration & Production Inc. signed an agreement to explore supplying 20,000-psi subsea tree systems for BP’s Paleogene projects in the Gulf of America.
## No Specific Commitments
Dated Oct.20, the memorandum of understanding sets a basis for discussing potential supply and technology development.It identifies no specific development, commits to no equipment order and provides no unit count, contract value or delivery timetable.
## Existing Contracts Separate
The new memorandum is separate from TechnipFMC’s existing integrated engineering, procurement, construction and installation (iEPCI) contracts for BP’s Kaskida and Tiber developments.
## Key takeaway

TechnipFMC and BP signed a memorandum of understanding to discuss potential supply of 20,000-psi subsea tree systems for BP’s Paleogene projects in the Gulf of America.