FMC's scope of supply includes one subsea production tree, one manifold and one multiphase meter. The Company will also supply an integrated template structure, one umbilical, two wellheads and additional controls and equipment. The Fram H-Nord field is located in the Norwegian sector of the
"Fram H-Nord is the sixth fast-track project that we have been awarded from Statoil in the past two years," said
This release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "anticipate," "plan," "intend," "foresee," "should," "would," "could" and similar expressions, including the negative thereof, are intended to identify forward-looking statements, which are generally not historical in nature. These forward-looking statements are based on the Company's current expectations and beliefs concerning future developments and their potential effect on the Company. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that any projected results or events will be achieved.
All of the Company's forward-looking statements involve significant risks and uncertainties (some of which are beyond the Company's control) and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. Known material factors that could cause our actual results to differ from those in the forward-looking statements include the Company's ability to enter into additional projects with Statoil, the amount of subsea equipment actually ordered pursuant to the agreement and the Company's ability to successfully manufacture and deliver, and Statoil's acceptance of, the subsea systems ordered. For additional information regarding known material factors that could cause actual results to differ from projected results, please see the Company's filings with the
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