FMC Technologies (FTI) Receives $38 Million Order from StatoilHydro
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FMC Technologies (NYSE: FTI) announced that it received an award from StatoilHydro to supply subsea equipment for its Troll B gas injection project in the Norwegian North Sea.
The contract is valued at approximately $38 million and includes two subsea trees and associated flow base systems, wellheads, tubing hangers and related control and communication systems. All equipment will be manufactured at FMC's Kongsberg, Norway and Dunfermline, Scotland operations with deliveries expected to commence in early 2010.
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