TechnipFMC (NYSE: FTI) has signed a surface technologies frame agreement with Chevron (NYSE: CVX).

This five-year agreement covers the exclusive supply of surface wellhead equipment and service in the U.S. and Canada.

“We are very pleased to extend our partnership with Chevron and to support their development program in North America,” said Richard Alabaster, president of TechnipFMC’s surface technologies business. “We believe that this reflects the strong collaboration we have developed with this major shale operator, based on the demonstrated value of our integrated drilling and completion offering.”