Posted on 27.12.2012 - 04:20 UTC in CONTRACT AWARDS by jamesmc
HOUSTON, Dec. 26, 2012 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed an agreement with Statoil (NYSE: STO) for the supply of additional subsea equipment for the Snorre field. The order has an estimated value of $33 million in revenue.
Under the terms of the agreement, FMC Technologies will provide 10 production risers and tieback connectors. The equipment is scheduled for delivery in 2015.