FMC Technologies to Supply Subsea System for Woodside's Pluto Project, Offshore Western Australia

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Aug 16, 2007

FMC Technologies, Inc. (NYSE:FTI) announced today that it has signed a contract with Woodside Burrup Pty. Ltd. to provide a subsea system for the Pluto Project. The Pluto field is located 190 kilometers northwest of Karratha, offshore Western Australia. The contract has a value of approximately $200 million in revenue to FMC Technologies.

FMC Technologies' scope of supply for the project includes five subsea trees, related control and tie-in systems and two production manifolds. The system will be engineered and manufactured at FMC's facilities in Norway and Singapore.

"FMC and Woodside Energy have worked together on numerous projects through the years," said Tore Halvorsen, Senior Vice President, FMC Technologies, "and we appreciate the opportunity to join them once again in the development of this important offshore field."

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