FMC Tech (FTI) continues its long-running partnership with Statoil (STO), extending an agreement...

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

FMC Tech (FTI) continues its long-running partnership with Statoil (STO), extending an agreement to provide subsea operations services for STO's developments on the Norwegian Continental Shelf. The duration of the agreement is five years with options for three additional three-year extensions.