FMC signs Ekofisk subsea contract

FMC Technologies has signed a five-year, $120-million agreement with ConocoPhillips Scandinavia for the supply of subsea equipment and services for a water injection development in the Ekofisk field.

Offshore staff

HOUSTON -- FMC Technologies has signed a five-year, $120-million agreement with ConocoPhillips Scandinavia for the supply of subsea equipment and services for a water injection development in the Ekofisk field. The development is a replacement of the existing Ekofisk 2/4 W injection platform at the southern part of the Ekofisk complex.

The contract includes the project management, engineering, procurement, manufacture, and delivery of subsea equipment and offshore support services for eight subsea trees. The contract also has an option for an additional seven subsea trees and future provisions for up to a total of fifty subsea trees.

FMC Technologies' scope of supply includes subsea water injection trees, wellheads, templates, associated control systems with a hydraulic power unit, four-slot hosts, tie-in, and connection equipment, an umbilical, sea-line protection equipment, completion tools, and services. The equipment will be manufactured at FMC's operations in Kongsberg, Norway and Dunfermline, Scotland, with initial deliveries expected to begin in early 2009.

06/30/2008

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