Earlier, FMC Technologies estimated its FMC Kongsberg Subsea AS unit will receive $70 million in 2004 from the agreement, but said future revenue from the contract will depend on the number and timing of project orders. So FMC Kongsberg will get $4 million more this time.
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US Equimpent Producer Asked More
US drilling and airline industry equipment producer FMC Technologies
US drilling and airline industry equipment producer FMC Technologies Inc. announced that one of its units signed a $74 million deal to supply subsea systems to Norway?s oil major Statoil ASA.
The unit, FMC Kongsberg Subsea AS will deliver six subsea trees, manifolds, production controls and associated systems to Statoil's Tampen area of the North Sea. The deliveries will begin in 2005 and be completed by the summer of 2006.
Earlier, FMC Technologies estimated its FMC Kongsberg Subsea AS unit will receive $70 million in 2004 from the agreement, but said future revenue from the contract will depend on the number and timing of project orders. So FMC Kongsberg will get $4 million more this time.
Earlier, FMC Technologies estimated its FMC Kongsberg Subsea AS unit will receive $70 million in 2004 from the agreement, but said future revenue from the contract will depend on the number and timing of project orders. So FMC Kongsberg will get $4 million more this time.
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