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FMC Technologies awarded large subsea tech contract with BP

15th April 2014

The US technology giant, FMC Technologies, has won a contract with BP to supply subsea equipment in its Caspian Sea plays

FMC Technologies awarded large subsea tech contract with BP
FMC Technologies' scope of supply includes subsea manifolds, associated controls and connection equipment as well as key controls and connection components for subsea production trees.

FMC Technologies has received an order from BP to supply subsea systems for its Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of USD 322m in revenue.

FMC Technologies' scope of supply includes subsea manifolds, associated controls and connection equipment as well as key controls and connection components for subsea production trees. The Shah Deniz field is located in the Azerbaijan sector of the Caspian Sea, 70km southeast of Baku.

"This award culminates three years of pre-engineering work between FMC Technologies and BP on this project," said Tore Halvorsen, FMC Technologies' senior vice president, Subsea Technologies. "This close cooperation will accelerate the transition to the manufacturing stage and enable reduced lead time delivering the project."

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