FMC Technologies Awarded Ten Year BP Frame Contract

abarrelfullabarrelfull wrote on 16 Dec 2013 10:28

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Nov 16, 2006

FMC Technologies, Inc. (NYSE: FTI) announced today that it has entered into a new frame agreement with BP for the supply of subsea systems and related services for the Na Kika, Thunder Horse and Atlantis developments in the Gulf of Mexico. FMC and BP have been working together under a previous frame agreement covering Gulf of Mexico projects since 2001. The new agreement covers a period of up to 10 years.

The contract calls for FMC to provide subsea trees, controls, manifolds, and well connection systems.

"We are pleased to have renewed our frame agreement," said Peter D. Kinnear, President and Chief Operating Officer, FMC Technologies. "We have worked closely with BP over the last five years and we look forward to continuing to support BP on their deepwater activities in the Gulf of Mexico."

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