FMC to supply riserless well intervention system

FMC Technologies has signed a three-year contract with Island Offshore Management AS to supply a riserless light well intervention (RLWI) system for use by BP in the UK North Sea.

Offshore staff

HOUSTON -- FMC Technologies has signed a three-year contract with Island Offshore Management AS to supply a riserless light well intervention (RLWI) system for use by BP in the UK North Sea. The $25-million contract also contains options for two, one-year extensions.

The contract includes a new RLWI system to be manufactured at FMC's facilities in Kongsberg, Norway. It will be used by Island Offshore's new vessel, theIsland Constructor. The contract will begin in mid-2008.

8/23/2007

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