FMC gets Petrobras contract

FMC Technologies Inc. has received an order from Petrobras to supply subsea production equipment for Petrobras' Roncador project, offshore Brazil, which will generate $36 million in revenue.

The order includes manifolds, production controls, and associated equipment. The Roncador field is in the northern part of the Campos basin, in 4,900-6,200 ft of water.

"We are pleased to be chosen by Petrobras to provide subsea equipment for this phase of the Roncador project, having been the subsea systems supplier for two previous phases," Peter D. Kinnear, executive vice president � FMC Technologies, said. "This reflects our extensive experience as a subsea solutions provider offshore Brazil as well as the strength of our relationship with Petrobras."

Through its FMC CBV Subsea business unit, FMC Technologies has been supplying total, integrated subsea solutions for the Brazilian oil industry since 1961. With facilities in Rio de Janeiro and Macaé, FMC Technologies' capabilities in Brazil include local engineering, project management, manufacturing, integration testing, installation, and customer support.

05/18/04