FMC Technologies, Inc. announced that it has received an order from Statoil for additional subsea equipment for the Tyrihans field. The order has an estimated value of $47 million in revenue.
The Tyrihans field is located in the Norwegian Sea in water depths of 984 feet (300 meters). This order covers the supply of subsea trees and choke modules and is scheduled for delivery in 2014.
"FMC Technologies has been working with Statoil on the Tyrihans project since early in 2006," said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies. "We are pleased to continue delivering solutions to Statoil that help solve the ongoing challenges on the Norwegian Continental Shelf.
About FMC Technologies, Inc
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.