FMC tree order

July 25, 2013

FMC Technologies, Inc. received an order from Petrobras for subsea trees for its pre-salt fields off Brazil. The award is estimated at US$500 million and represents the call-off of the remaining value of the $1.5 billion agreement announced in March of 2012.

The order includes 49 subsea trees, tooling, and associated subsea controls. The trees are scheduled to be installed in multiple pre-salt fields for both production and injection wells. The equipment will be designed and manufactured at FMC Technologies’ facilities in Brazil.

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