• Subscribe
    Fill something at the
    'Theme option > Overall Elements > Top Bar > Top Bar Subscribtion' section
  • Login
949-218-0026
SALES@SCIMETALS.com

Industry News

If we see anything that is newsworthy, we'll post it here. Keep checking back.

FMC Technologies awarded $297 million subsea production system contract

June 23, 2015
Source: FMC Technologies, Inc.

FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from BP Exploration (Shah Deniz) Ltd. to supply subsea production systems for Well Clusters 3-5 of the Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $297 million in revenue and is in addition to the initial order for Well Clusters 1-2 received in 2014 from BP, the operator of the Shah Deniz Stage 2 project. The Shah Deniz field is located offshore in the Azerbaijan sector of the Caspian Sea, approximately 100km south of Baku.