FMC Technologies Awarded $297 Million Contract for Subsea Production Systems for Shah Deniz Stage 2 Project
FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from BP Exploration (Shah Deniz) Ltd. to supply subsea production systems for Well Clusters 3-5 of the Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $297 million in revenue and is in addition to the initial order for Well Clusters 1-2 received in 2014 from BP, the operator of the Shah Deniz Stage 2 project. The Shah Deniz field is located offshore in the Azerbaijan sector of the Caspian Sea, approximately 100km south of Baku.
BP selects Technip for the Thunder Horse South Expansion project in the Gulf of Mexico
Technip was awarded by BP Exploration & Production Inc. a lump sum project for the design, engineering, fabrication, installation and pre-commissioning of the new production pipeline systems on the south side of the Thunder Horse production drilling quarters unit. At a water depth of approximately 1,900 meters, the current field development is located in Mississippi Canyon Blocks 778 and 822, in the ultra-deepwater Gulf of Mexico environment.
Alaska LNG Project Draft Resource Reports Filed with FERC
A series of draft environmental and socioeconomic reports for the Alaska LNG Project has been submitted to the Federal Energy Regulatory Commission (FERC), which is responsible for conducting the environmental review of the project. These reports, located at www.ferc.gov, also launch the pre-file public engagement process and provide preliminary baseline data about the project area and its potential impacts.