FMC Technologies Awarded $130 Million Subsea Separation and Boosting Contract (FTI)

FMC Technologies, Inc. FTI announced today that it has been awarded a contract by Petrobras PBR PBRA) to supply two subsea separation and boosting systems for the Congro and Corvina fields, located offshore Brazil in the Campos Basin. The contract has a value of approximately $130 million in revenue to FMC Technologies.