Total increases contract with FMC Technologies by $27 million

Total has increased its contract for the Rosa project to include an additional five subsea trees including well jumpers. This amendment has an approximate value of $27 million in revenue to FMC Technologies.

(West Africa) - FMC Technologies Inc. says that Total has increased its contract for the Rosa project to include an additional five subsea trees including well jumpers. This amendment has an approximate value of $27 million in revenue to FMC Technologies.

FMC Technologies' original scope of supply for the Rosa project included 18 subsea trees, manifolds, production controls, and associated systems. Delivery of the additional equipment is scheduled for the 1Q 2007.

"Increased capacity at our Angola facility is enabling us to better serve our customers' needs," says Peter D. Kinnear, FMC Technologies executive VP.

"Our initial contract with Total for the Rosa project and this amendment, increasing scope, reaffirms our commitment to offshore West Africa."

The Rosa field is located in offshore Angola block 17, in water depths ranging from approximately 4,200 to 4,900 ft (1,300 to 1,500 m) and is about 9 miles (15 km) from theGirassol FPSO system to which the development will be tied back.

The field is scheduled to come onstream in the first half of 2007, and it will raise and prolong the peak production of the FPSO.

Six new modules (5,300 tons) will be added to upgrade the existing FPSO installations.

FMC Technologies also supplied the subsea production systems for Total'sGirassol FPSO project.

Sonangol is the block 17 concessionaire. Total E&P Angola is the operator in the block. In addition, other participants in the block are Esso Exploration Angola (block 17) Ltd., BP Exploration (Angola) Ltd., Statoil Angola block 17 AS and Norsk Hydro Dezassete AS.

01/09/06

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