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FMC Tech awarded $340M subsea systems deal for Ghana project

  • FMC Technololgies (FTI -0.2%) wins a $340M contract to supply subsea systems to a major Tullow Oil development offshore Ghana.
  • FTI's scope of supply includes subsea trees, manifolds, tooling, associated subsea control systems and systems integration.
  • FTI has been operating in Ghana since 2008 and recently completed the assembly and testing of the first Ghanaian-built subsea trees at its support base in Takoradi.
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