HOUSTON, Dec. 18, 2014 /PRNewswire/ -- FMC Technologies,
Inc. (NYSE: FTI) announced today that it has received an order from
Eni Angola to supply subsea production systems for its deepwater
Block 15/06 East Hub development. The order has an estimated value
of $393 million in revenue.
"We are pleased to have been awarded the subsea production
systems contract for Eni's Block 15/06 project," said Tore Halvorsen, FMC Technologies' Senior Vice
President, Subsea Technologies. "We look forward to working with
Eni on this offshore project."
Eni is the operator of Block 15/06, while Sonangol EP is the
concessionaire. The other partners of the joint venture are
Sonangol Pesquisa e Produção, SSI Fifteen Limited and Falcon Oil
Holding Angola SA.
FMC Technologies, Inc. (NYSE: FTI) is a leading global
provider of technology solutions for the energy industry. Named by
Forbes® Magazine as one of the World's Most Innovative Companies in
2013, the Company has approximately 20,100 employees and operates
30 production facilities in 17 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.
This release contains "forward-looking statements" as defined in
the Private Securities Litigation Reform Act of 1995. The
word "estimated" and similar expressions are intended to identify
forward-looking statements, which are generally not historical in
nature. Such forward-looking statements involve significant
risks, uncertainties and assumptions that could cause actual
results to differ materially from our historical experience and our
present expectations or projections. Known material factors
that could cause our actual results to differ from those in the
forward-looking statements include the Company's ability to
successfully deliver, and Eni's acceptance of, the subsea products
ordered. For additional information regarding known material
factors that could cause actual results to differ from projected
results, please see the Company's Annual Report on Form 10-K for
the year ended December 31, 2013, as
well as its other filings with the Securities and Exchange
Commission. The Company cautions you not to place undue reliance on
any forward-looking statements, which speak only as of the date
hereof. The Company undertakes no obligation to publicly
update or revise any of its forward-looking statements after the
date they are made, whether as a result of new information, future
events or otherwise.
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SOURCE FMC Technologies, Inc.