HOUSTON Jan. 19, 2011 $54 million
Gygrid is a fast-track oil and gas field located in water depths of approximately 820 feet (250 meters) in the Norwegian sector of the North Sea. FMC’s scope of supply includes the manufacture of two subsea production trees, one manifold and associated subsea and topside control systems. The equipment will be based on a standard subsea solution designed by FMC for Statoil. Deliveries are scheduled to commence in the third quarter of 2011.
Tore Halvorsen Vigdis North-East
FMC Technologies, Inc. (NYSE:FTI) 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 11,200 employees and operates 25 production facilities in 15 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 .
December 31, 2009
SOURCE FMC Technologies, Inc.