- FMC Technologies (FTI +1.1%) is awarded a NOK1.8B ($280M) contract from Wintershall for the German oil and gas producer's first significant subsea contract for the Maria development in the Norwegian Sea.
- The frame agreement with FMC will first be used to source and build a comprehensive subsea production system for the Maria development; Wintershall says it sees "a lot of potential" in the partnership with FMC.