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3/10/2010 - FMC INKS CONTRACT TO SUPPLY SUBSEA EQUIPMENT TO MARULK FIELD |
| FMC Technologies, Inc. inked an agreement with Statoil ASA for the manufacture and supply of subsea production equipment to support the Marulk field. The award, a call-off from FMC's existing frame agreement with Statoil, has a value of approximately $62 million in revenue to FMC Technologies.
The Marulk field is located in the Norwegian Sea, approximately 18 miles (30 kilometers) southwest of the Norne field at a water depth of 1,200 FSW (365 MSW). The initial development will consist of two wells tied back to the NORNE FPSO. FMC's scope of supply includes the manufacture of two subsea trees, one manifold, one template, subsea control modules and associated topside controls and connection equipment. The systems will be manufactured and assembled at FMC's operations in Kongsberg, Norway and Dunfermline, Scotland. Initial deliveries are scheduled to commence in Q2 2011. |
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