FMC Technologies, Inc. announced that it has signed an agreement with LLOG Exploration Company, LLC, for the design, manufacture and supply of subsea production systems to support its Who Dat project in the U.S. Gulf of Mexico. The award is valued at approximately $40 million in revenue to FMC.
FMC’s scope of supply includes seven subsea production trees and control systems. The equipment will be supplied from the Company’s operation in Houston and deliveries are expected to begin in 2012.
“We have supported LLOG projects for many years, and since 2008, we have also had a formal alliance in place to support their Gulf of Mexico projects,” said John Gremp, FMC’s Chairman, President and Chief Executive Officer. “They have significant prospects and production in the Gulf, and we are pleased to be their subsea systems supplier.”
FMC Technologies, Inc. is a leading global provider of technology solutions for the energy industry. Named by FORTUNE® Magazine as the World’s Most Admired Oil and Gas Equipment, Service Company in 2010, the Company has approximately 13,500 employees and operates 27 production facilities in 16 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.
Offshore Energy Today Staff , December 08, 2011; Image: FMC Technologies