ConocoPhillips orders more FMC subsea hardware for Bayu Undan

May 16, 2013
ConocoPhillips Australia has contracted FMC Technologies (NYSE: FTI) to supply subsea equipment for Phase 3 of the Bayu Undan development in the Timor Sea.

Offshore staff

HOUSTON – ConocoPhillips Australia has contracted FMC Technologies (NYSE: FTI) to supply subsea equipment for Phase 3 of the Bayu Undan development in the Timor Sea. Estimated value to FMC Technologies is $26 million.

The field is 280 mi (450 km) northwest of Darwin. FMC’s scope includes subsea trees, wellheads, jumper kits, and associated control systems.

5/16/2013