Under the agreement, FMC Technologies will provide subsea tree systems for the next five years, and associated aftermarket services for the next six years, with options to extend the agreement to ten years.
Tore Halvorsen, senior vice president of global subsea production systems at FMC Technologies, said: Woodside has been a major customer of FMC’s for the last 15 years, and a frame agreement partner since 2003. Under the prior frame agreement, we manufactured and supplied more than 65 subsea tree systems to support their developments and we are excited about the opportunity to continue to provide our subsea technology and offshore support services.
Woodside plans to be a leading, global supplier of liquefied natural gas by 2015. This agreement, which is expected to position FMC to supply more than 80 subsea tree systems, will support their efforts while enhancing FMC’s local capabilities in Australia.
