FMC to supply subsea systems for Greater Plutonio

June 25, 2004
BP has awarded FMC Kongsberg Subsea AS a contract to supply subsea systems and related services for the Greater Plutonio project in block 18 offshore Angola.

BP has awarded FMC Kongsberg Subsea AS a contract to supply subsea systems and related services for the Greater Plutonio project in block 18 offshore Angola.

The contract, valued at $270 million, covers supply for the entire project, which is expected to include 45 subsea trees and associated structures, manifolds, and production control systems, as well as connection systems for flowlines and umbilicals. FMC Technologies will supply technical services related to installation and startup. FMC Kongsberg Subsea's operations in Angola will offer support for equipment supply and services. Deliveries will begin in early 2005 and will be completed over a multi-year period.

"Our supply of subsea systems for the Greater Plutonio project will involve local content, an expansion of our Angolan facilities, local employment opportunities, and a technical training program," said Peter D. Kinnear, executive vice president of FMC Technologies.

06/25/04