FMC Technologies, Inc. announced that it has received an order from Statoil (NYSE: STO) for subsea equipment for the Gullfaks Rimfaksdalen project. The order has an estimated value of $90 million in revenue.
FMC Technologies' scope of supply includes subsea trees, wellheads, a manifold, control systems integration and other associated equipment.
"FMC Technologies is pleased to provide Statoil with the subea equipment needed to develop the Gullfaks Rimfaksdalen project," said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies. "This is an additional call-off related to last year's award for the Gullfaks field and we are pleased to continue supporting this development."
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 18,900 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.
About Statoil
Statoil is an international energy company with operations in 35 countries. Building on 40 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. We are headquartered in Stavanger, Norway with approx. 23,000 employees worldwide, and are listed on the New York and Oslo stock exchanges.