FMC Technologies, a provider of technology services for the energy industry, has received orders from BP for the manufacture and supply of additional subsea systems for its projects in the Gulf of Mexico.
According to the company, the awards, valued at approximately $82 million in revenue, are call-offs from a frame agreement that was signed in November 2006.
Under these call-offs, FMC Technologies’s (FMC) scope of supply will consist of nine subsea trees including controls, an installation and workover control system and other related equipment.
All equipment will be designed and manufactured at FMC’s Houston facility. Deliveries will commence in mid-2009 and will continue through 2011, said the energy major.
John Gremp, executive vice president of FMC Technologies, said: “We are pleased to be a part of BP’s deepwater projects. Today’s announcement complements our awards from BP for the development of subsea systems for deepwater West Africa.”
Earlier in this month, FMC Technologies announced that it has signed a contract with BP for the manufacture and supply of additional subsea equipment for ongoing deepwater projects offshore Angola. The contract is valued at approximately $80 million in revenue for FMC. FMC’s scope of supply includes six subsea trees, control systems, wellheads, tubing hangers, well jumpers and flow bases. The equipment will be manufactured at FMC’s Kongsberg, Norway and Dunfermline, Scotland facilities and will be delivered in 2009.
FMC Technologies is a provider of technology services for the energy industry. The company designs, manufactures and services technologically sophisticated systems and products such as subsea production and processing systems, surface wellhead systems, high pressure fluid control equipment, measurement services, and marine loading systems for the oil and gas industry.
