FMC Technologies (FTI) says it signed a four-year deal worth up to $1.5B with Brazilian oil...

|About: FMC Technologies, Inc. (FTI)|By:, SA News Editor

FMC Technologies (FTI) says it signed a four-year deal worth up to $1.5B with Brazilian oil giant Petrobras (PBR) to provide subsea equipment for offshore oil exploration and production. The equipment will be engineered and manufactured at FMC facilities in Rio de Janeiro. FTI +0.4% premarket.