FMC Technologies receives $152M subsea equipment order from Statoil

theflyonthewall.com

FMC Technologies (FTI) announced that it has received an order from Statoil (STO) for subsea equipment for the Oseberg Delta 2 Project. The order has an estimated value of $152M in revenue. FMC Technologies' scope of supply includes five subsea trees, five wellheads, two manifolds, control systems and other associated equipment. The order is the first option from the fast-track portfolio awarded as part of the Gullfaks South deal announced earlier this year. The equipment is scheduled for delivery in 2013 - 2014 and will be engineered and manufactured at FMC Technologies' facilities in Norway and Scotland.

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