Oil drilling equipment maker FMC Technologies Inc. (FTI) announced the receipt of a $210 million subsea infrastructure contract from French oil major Total SA (TOT). The deal calls for FMC Technologies to manufacture and supply subsea production systems to Total-operated Laggan-Tormore development, located in the North Sea.
FMC Technologies said that the contract includes the manufacture of nine subsea trees, eight wellheads and two six-slot manifolds, as well as the supply of twelve multiphase meters, ten subsea control modules and related control systems.
The company expects delivery to begin in the first quarter of 2011. The order is part of FMC Technologies’ strong and longstanding relationship with Total and will be supported by its Kongsberg and Stavanger facilities in Norway, and the Dunfermline facility in Scotland.
Total E&P U.K. Ltd. (a subsidiary of Total) holds an 80% operated interest in the Laggan-Tormore field, with the other partner being Danish player Dong. The offshore natural gas development lies west of the Shetland Islands in the North Sea in water depths of approximately 1,950 feet.
FMC Technologies sees the Total award as recognition of its highly sophisticated technologies and systems, as the Laggan-Tormore field is located in one of the most complex environments of the U.K. Continental Shelf.
Incorporated in 2000, Houston, Texas-based FMC Technologies is a leading manufacturer and supplier of technology solutions for the energy industry.
The company, which operates 25 manufacturing facilities in 15 countries, is engaged in the designing, producing and servicing technologically sophisticated systems and products such as subsea production and processing systems, surface wellhead production systems, high pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry.
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