FMC Technologies Signs Global Alliance Agreement With Anadarko Petroleum Corporation

abarrelfullabarrelfull wrote on 06 Dec 2011 06:33
Tags: anadarko fmc gulf-of-mexico service


FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a global alliance agreement with Anadarko Petroleum Corporation (NYSE: APC) to provide subsea systems and life-of-field services for their worldwide subsea development projects.

In 1999, FMC supplied equipment for Anadarko's first subsea project, North Garnet, in the Gulf of Mexico. Since then, the companies have collaborated on other projects including Independence Hub, the largest natural gas processing facility in the Gulf, and FMC has also supplied Anadarko with the industry's first subsea wellhead qualified at a pressure rating of 20,000 psi.

"An alliance has been in place with Anadarko and its legacy companies since 1992 to support their Gulf of Mexico exploration and production projects," said John Gremp, FMC Technologies' Chairman, President and Chief Executive Officer. "Today's announcement will allow FMC to broaden its support of Anadarko's expanding exploration and production activities worldwide, including recent discoveries offshore the East and West coasts of Africa. Anadarko has an extensive deepwater program, and we are pleased to strengthen our relationship through this global alliance."


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