FMC Technologies Awarded $180 Million Subsea Systems Contract on Australian Project from Woodside
January 25, 2016
HOUSTON, Jan. 25, 2016 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it signed an agreement with Woodside for the design, manufacture and supply of subsea production systems for the Greater Western Flank Phase 2 (GWF-2) Project as part of the North West Shelf (NWS) Project in Western Australia. The contract is valued at approximately $180 million for FMC Technologies and includes: subsea production trees, wellheads, manifolds, subsea and topside controls, and flowline connection systems. Deliveries are expected to begin in 2016 and continue through 2018.