FMC Technologies Receives $39 Million Subsea Equipment Order for Statoil's Tyrihans Field


HOUSTON - FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from Statoil (NYSE: STO) for additional subsea equipment for the Tyrihans field. The order has an estimated value of $39 million in revenue.

This order covers the supply of two subsea trees and three choke modules. The equipment is scheduled for delivery in 2013 and will be engineered and manufactured at FMC Technologies' facilities in Norway and Scotland.

"FMC Technologies has been working with Statoil on the Tyrihans project since early in 2006," said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies. "This order reflects our experience as a provider of advanced subsea systems and we are pleased to deliver solutions to Statoil that help them solve the ongoing challenges in the Norwegian Sea."

FMC Technologies, Inc. (NYSE:FTI) is a leading global provider of technology solutions for the energy industry. Named by FORTUNE® Magazine as the World's Most Admired Oil and Gas Equipment, Service Company in 2012, the Company has approximately 16,800 employees and operates 30 production facilities in 16 countries. FMC Technologies designs, manufactures and services technologically sophisticated 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. For more information, visit www.fmctechnologies.com.

SOURCE

FMC Technologies, Inc.

Web Site: www.fmctechnologies.com

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