FMC Technologies (FTI +0.4%) receives an order from Statoil (STO) valued at $152M for subsea...


FMC Technologies (FTI +0.4%) receives an order from Statoil (STO) valued at $152M for subsea equipment for the Oseberg Delta 2 Project. The order is the first option from the fast-track portfolio awarded as part of the Gullfaks South deal announced earlier this year.

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  • Old Trader
    , contributor
    Comments (5732) | Send Message
     
    STO appears to be really working their North Sea assets hard to boost production, not counting all of the other new projects they're starting/looking at.
    12 Dec 2012, 05:31 PM Reply Like
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