FMC Technologies Awarded $340 Million Contract for Subsea Systems for Tullow Ghana's TEN Project
- Created on Thursday, 17 October 2013 21:07
FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from Tullow Ghana Limited to supply subsea systems for its Tweneboa-Enyenra-Ntomme Development (TEN Project) offshore Ghana. The order has an estimated value of $340 million in revenue.
FMC Technologies' scope of supply includes subsea trees, manifolds, tooling, associated subsea control systems and systems integration. FMC Technologies has been operating in Ghana since 2008 and has recently completed the assembly and testing of the first Ghanaian-built subsea trees at its support base in Takoradi.
"FMC Technologies has made significant investments in facilities and capacity to support developments in Ghana," said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies. "This award allows FMC Technologies to continue supporting Tullow Ghana in its ongoing offshore developments."
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 2012, the Company has approximately 18,900 employees and operates 30 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.