FMC Technologies Awarded Subsea Contract for BP's Mad Dog Phase 2

abarrelfullabarrelfull wrote on 20 Mar 2013 07:21
Tags: bp fmc gofm n-america services usa

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FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a contract with BP (NYSE: BP) for the manufacture and supply of subsea equipment to support the Mad Dog Phase 2 field development.

The Mad Dog Phase 2 field development is located near Green Canyon Block 825 of the Gulf of Mexico, 150 miles (240 kilometers) south of New Orleans in about 5,100 feet (1,550 meters) of water. Under the initial contract, FMC Technologies will supply subsea trees, manifolds, and jumper equipment.

"Mad Dog Phase 2 is the first project awarded under our global agreement with BP to provide technologies and services for their worldwide subsea development projects," said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies. "We have a long history of supporting BP's global offshore technology requirements, and today's announcement expands our support of their Gulf of Mexico projects."


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