FMC Technologies has received orders totalling US $1.7 billion from Total and Petrobras for subsea equipment and trees for major deepwater projects offshore Nigeria and Brazil.
The bigger of the two awards was from France’s Total, which issued FMC with a $1.2 billion contract (as already predicted in DI’s last issue, see page 1) via the operator’s subsidiary Total Upstream Nigeria Ltd. for the Egina field.
The field is located in OML 130 offshore Nigeria, with FMC’s workscope including supplying subsea trees and wellheads, manifolds, installation tooling, flowline connection systems, and associated control systems. The equipment is scheduled for delivery starting in 2015.
Tore Halvorsen, FMC’s Senior Vice President, Subsea Technologies, said the project would be the “largest subsea project to date in West Africa” and would be supported by its local content strategy, as well as by recent expansions to its facilities in Lagos and Onne.
The other contract order from Petrobras was for the supply of subsea trees for its pre-salt fields offshore Brazil. The value of the award is estimated at $500 million, and represents the call-off of the remaining value of a $1.5 billion agreement announced in March last year.
The order includes 49 subsea trees, tooling, and associated subsea controls. The trees are scheduled to be installed in multiple pre-salt fields for both production and injection wells. The equipment will be designed and manufactured at FMC’s facilities in Brazil.
Halvorsen added that the order was the second for subsea trees to come from the 2012 contract.
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