FMC Technologies Wins Contract for Subsea Systems for Shell's Parque das Conchas Phase 3 in Brazil
FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from Shell to supply subsea systems for the Parque das Conchas Phase 3 development offshore Brazil.
FMC Technologies' scope of supply includes seven subsea trees, two manifolds and associated subsea control systems. The company will also supply tie-in connection systems and subsea distribution hardware and associated tooling and services.
Also known as BC-10 Phase 3, the development is the second expansion of the original block located offshore Brazil in water depths ranging from 5,000 to 6,500 feet (1,500 to 2,000 meters). FMC Technologies was awarded Phase 1 in 2006 and Phase 2 in 2010 and supplied the subsea systems, including separation and boosting modules to Shell.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.