FMC get subsea production system frame agreement with Noble Energy
2008.12.17 -
Subsea Headlines
FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a five-year frame agreement with Noble Energy, Inc. making FMC Technologies the preferred subsea equipment supplier for Noble Energy’s deepwater Gulf of Mexico developments.
FMC Technologies’ scope of supply includes the manufacture of subsea production systems including enhanced horizontal subsea trees and related installation services. FMC will also provide required controls, manifolds and tie-in systems as part of the agreement.
“Earlier this year we manufactured two 15,000 psi subsea tree systems for Noble Energy,” said John Gremp, Executive Vice President of FMC Technologies. “This frame agreement strengthens our existing relationship and also provides a budgeting and forecasting plan to assist Noble Energy with their deepwater Gulf of Mexico developments.”
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The Tampen Link pipeline for gas export from the North Sea’s Statfjord field to the St Fergus gas terminal in Scotland opened on Friday evening. The field is consequently beginning a new era.
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Petrobras Americas Inc. has awarded Aker Kvaerner a contract to supply subsea power cables and control umbilicals to its Cascade and Chinook fields in the Gulf of Mexico. The contract, worth approximately USD 65 million, represents a significant breakthrough for Aker Kvaerner's power cable technology.
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