FMC Technologies (FTI) signs a $200M agreement with Statoil (STO) to manufacture and supply...

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

FMC Technologies (FTI) signs a $200M agreement with Statoil (STO) to manufacture and supply subsea production equipment to support the Gullfaks South field development in the North Sea. The contract includes supplying seven subsea production trees, seven wellhead systems and two integrated protection structures with manifolds.