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Stock Market & Financial Investment News

News Breaks
February 13, 2014
08:20 EDTFTIFMC Technologies awarded $720M contract from eni Muara Bakau BV
FMC Technologies announced that it has received an order from eni Muara Bakau BV to supply subsea systems for its deepwater Jangkrik Complex development offshore Indonesia. The order has an estimated value of $720M in revenue if the full scope of the award is called off. FMC Technologies' scope of supply includes subsea trees, manifolds, jumpers and connection systems, umbilicals, tooling and associated topside and subsea controls systems.
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June 22, 2015
16:07 EDTFTIFMC Technologies awarded $297M contract for subsea production systems
FMC Technologies announced that it has received an order from BP Exploration Ltd. to supply subsea production systems for Well Clusters 3-5 of the Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $297M in revenue and is in addition to the initial order for Well Clusters 1-2 received in 2014 from BP, the operator of the Shah Deniz Stage 2 project. The Shah Deniz field is located offshore in the Azerbaijan sector of the Caspian Sea, approximately 100km south of Baku.

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