According to FMC Technologies, the contract valued at approximately $68 million in revenue, is a call-off from a previously announced frame agreement signed in 2007 with FMC Technologies. FMC’s scope of supply includes two completion workover intervention tooling systems that will be delivered during 2009.
The equipment will be manufactured at FMC’s Kongsberg, Norway and Dunfermline, Scotland facilities. The systems will help maintain current production rates and support StatoilHydro’s rig activities scheduled for the Asgard field, said the company.
Tore Halvorsen, FMC’s senior vice president of global subsea production systems, said: “This is the second contract we have signed with StatoilHydro this year for equipment that will support the Asgard Field. We are pleased to assist them in their efforts.
Earlier in the same week of December 2008, FMC Technologies announced that it has been awarded a contract from StatoilHydro for the manufacture and supply of additional subsea equipment for its Heidrun North project, located in the Norwegian Sea. This contract, valued at approximately $45 million in revenue, is a call-off from a previously announced frame agreement signed in 2007 with FMC Technologies.
