Total orders FMC subsea equipment for Egina offshore Nigeria

June 26, 2013
FMC Technologies Inc. (NYSE: FTI) has received a $1.2-billion order from Total Upstream Nigeria Ltd. to supply subsea equipment for the Egina field.

Offshore staff

HOUSTON – FMC Technologies Inc. (NYSE: FTI) has received a $1.2-billion order from Total Upstream Nigeria Ltd. to supply subsea equipment for the Egina field.

FMC Technologies’ scope of supply includes subsea trees and wellheads, manifolds, installation tooling, flowline connection systems, and associated control systems. The equipment is scheduled for delivery beginning in 2015.

Egina is in 1,600 m (5,248 ft) of water in block OML 130 offshore Nigeria. First oil is expected in 2017.

6/26/2013