FMC Technologies, Inc. (NYSE: FTI) announced today that it has received a subsea equipment order from LLOG Exploration Company, LLC (LLOG Exploration) for the Who Dat field. The order has an estimated value of $30 million in revenue.
The project is located in the Gulf of Mexico Mississippi Canyon Block 503 in water depths of approximately 3200 feet (975 meters). FMC Technologies' scope of supply includes subsea trees, a subsea manifold, multiphase meters and a subsea distribution system. The equipment is scheduled for delivery in 2013.
"FMC Technologies is pleased to have been chosen by LLOG Exploration to provide subsea systems for its continued development of the Who Dat field," said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies. "We welcome the opportunity to continue supporting LLOG Exploration with its Gulf of Mexico developments."