FMC Technologies, Inc. announced that it has signed a four year frame agreement with Petrobras to provide subsea services for its fields offshore Brazil.
Under the terms of the agreement, FMC Technologies will provide equipment commissioning and offshore technical services in addition to maintenance, modification, storage and logistics for Petrobras' subsea fields.
"FMC Technologies has supported Petrobras' subsea development efforts for more than three decades," said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies. "This agreement will support new equipment installations and provide life-of-field support for the more than 350 FMC Technologies subsea trees and subsea manifolds currently in operation with Petrobras in Brazil."
About FMC Technologies
FMC Technologies, Inc. (NYSE:FTI) 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.