Technip awarded contract by Valiant for Causeway development

Technip was awarded by Valiant Causeway Limited a lump sum contract, worth approximately €33 million, for the Causeway field development. This field is located about 450 kilometers North-east of Aberdeen, Scotland at a water depth of 150 metres. Full text

FMC Technologies signs Global Frame Agreement With BP

2011.03.02 - Subsea Headlines

FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a five-year global frame agreement with BP to provide subsea production systems and life-of-field services for their worldwide subsea development projects.  

"We have a strong relationship with BP and have supported a number of their projects in the world's most active deepwater basins," said John Gremp, President and Chief Executive Officer of FMC Technologies. "This includes innovative developments such as Thunder Horse in the Gulf of Mexico and Greater Plutonio offshore West Africa, and we are excited to further strengthen our alliance with today's frame agreement."

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StatoilHydro will sign Shtokman agreement with Gazprom

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