FMC Technologies awarded contract from BP for Block 18 deepwater projects

Source: FMC Technologies

FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a contract with BP (NYSE: BP) for the manufacture and supply of additional subsea equipment for its ongoing deepwater projects offshore Angola.

FMC's scope of supply includes four subsea trees, control systems, wellheads, tubing hangers, well jumpers and subsea distribution systems.  The equipment will be manufactured at FMC's Kongsberg, Norway and Dunfermline, Scotland facilities and will be delivered in 2013. Final assembly and testing activities will be performed at FMC's operation in Angola.

"We have worked closely with BP and supported their Block 18 deepwater projects for several years," said John Gremp, Chairman, President and CEO of FMC Technologies. "We are pleased they continue to see the benefits of our innovative technologies and our extensive experience in subsea activities offshore West Africa."



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