FMC Technologies Awarded $720 Million Contract for Subsea Systems for eni's Jangkrik Project in Indonesia

abarrelfullabarrelfull wrote on 14 Feb 2014 13:10
Tags: asia eni fmc indonesia services

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FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from eni Muara Bakau BV to supply subsea systems for its deepwater Jangkrik Complex development offshore Indonesia. The order has an estimated value of $720 million in revenue if the full scope of the award is called off.

FMC Technologies' scope of supply includes subsea trees, manifolds, jumpers and connection systems, umbilicals, tooling and associated topside and subsea controls systems. The Jangkrik field is located in the Muara Bakau working area, in Makassar Straits offshore Kalimantan, Indonesia, approximately 44 miles (70 kilometers) from Balikpapan.

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