FMC Technologies Receives $75 Million Contract For Ekofisk Field (FTI)

FMC Technologies FTI announced today that its subsidiary, FMC Kongsberg Subsea AS, has signed an agreement with ConocoPhillips Scandinavia AS for the manufacture and supply of subsea equipment and services for a water injection development in the Ekofisk field. The award has a base value of approximately $75 million and is subject to Norwegian Parliament approval of the Plan for Development and Operation (PDO).