Statoil contracts FMC for Smorbukk South subsea equipment

FMC Technologies Inc. (NYSE: FTI) announced that it has received a $96-million order from Statoil (NYSE: STO) for subsea equipment for the Smorbukk South Extension Project.

Offshore staff

HOUSTON – FMC Technologies Inc. (NYSE: FTI) announced that it has received a $96-million order from Statoil (NYSE: STO) for subsea equipment for the Smorbukk South Extension Project.

FMC will supply subsea trees, wellheads, a manifold, control systems, and other associated equipment.

Smorbukk South is part of the Asgard development in the Norwegian Sea, and the award is the third order for FMC Technologies from the fasttrack portfolio agreement announced in 2012. The equipment is scheduled for delivery in 2014.

4/05/2013

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