FMC Technologies Receives $96 Million Subsea Equipment Order for Statoil's Smorbukk South Extension Project
04 April 2013FMC Technologies, Inc announced today that it has received an order from Statoil for subsea equipment for the Smorbukk South Extension Project. The order has an estimated value of $96 million in revenue.
FMC Technologies' scope of supply includes 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 fast-track portfolio agreement announced in 2012. The equipment is scheduled for delivery in 2014.
"FMC Technologies has been providing subsea equipment for the Asgard field since 1996," said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies. "We are pleased to provide equipment and systems that will help Statoil further develop this field."
FMC Technologies, Inc is a leading global provider of technology solutions for the energy industry. Named by FORTUNE® Magazine as the World's Most Admired Oil and Gas Equipment, Service Company in 2012, the Company has approximately 18,400 employees and operates 30 production facilities in 16 countries. FMC Technologies designs, manufactures and services technologically sophisticated systems and products such as subsea production and processing systems, surface wellhead systems, high pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry. For more information, visit www.fmctechnologies.com