Contract Awards: FMC Technologies Awarded $720 Million Contract For Subsea Systems For ENI's Jang
Posted on 05.03.2014 - 07:10 EST in CONTRACT AWARDS by ginamc
FMC Technologies, Inc. announced that it has received an order from eni Muara Bakau BVto supply subsea systems for its deepwater Jangkrik Complex development offshore Indonesia. The order has an estimated value of $720 million in revenue if the full scope of the award is called off.
FMC Technologies' scope of supply includes subsea trees, manifolds, jumpers and connection systems, umbilicals, tooling and associated topside and subsea controls systems. The Jangkrik field is located in the Muara Bakau working area, in Makassar Straits offshore Kalimantan, Indonesia, approximately 44 miles (70 kilometers) from Balikpapan.
FMC Technologies, Inc. (NYSE: FTI) is a leading global provider of technology solutions for the energy industry. Named by Forbes® Magazine as one of the World's Most Innovative Companies in 2013, the Company has approximately 19,300 employees and operates 30 production facilities in 17 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.