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FMC Technologies receives $90 million subsea equipment order for Statoil's Gullfaks Rimfaksdalen project
Friday, Sep 06, 2013

FMC Technologies, Inc. (NYSE: FTI) announced today 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."

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. For more information, visit www.fmctechnologies.com.

Source: FMC Technologies, Inc.

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