FMC secures order from Rajawali Swiber
Monday, December 17 2012 - 10:27 AM WIB
New York-listed FMC Technologies Inc. announced it has signed an agreement with PT Rajawali Swiber Cakrawala for the manufacture and supply of subsea controls, worth US$40 million in revenue, for the South Belut field development.
The field is located in the South Natuna Sea Block B PSC and in water depths of approximately 334 feet (102 meters). This order provides for the supply of a topside and subsea distribution control system and is an extension of the EPC contract with ConocoPhillips.
The equipment is scheduled for delivery beginning in the second quarter of 2013 and will be supplied from FMC Technologies' facilities in Malaysia and Norway, a statement said.
FMC Technologies is a global provider of technology solutions for the energy industry. It designs, manufactures and services systems and products such as subsea production and processing systems, surface wellhead systems, high pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry.
Editing by Dadan Wijaksana