FMC Technologies has signed a contract with BP to manufacture and supply subsea equipment for its ongoing deep water projects in offshore Angola.
Under the contract, the company will supply four subsea trees, control systems, wellheads, tubing hangers, well jumpers and subsea distribution systems.
The equipment will be manufactured at FMC's Kongsberg, Norway, and Dunfermline, Scotland, facilities. Delivery of the equipment is scheduled in 2013.
FMC Technologies chairman, president and CEO John Gremp said the company has worked closely with BP and supported their Block 18 deep water projects for several years.
"We are pleased they continue to see the benefits of our innovative technologies and our extensive experience in subsea activities offshore West Africa," added Gremp.
FMC Technologies is a leading global provider of technology solutions for the energy industry.
Recently, FMC Technologies secured a contract from LLOG Exploration for the design, manufacture and supply of subsea production systems to support a US Gulf of Mexico project.
Under the contract, worth approximately $40m, the company will supply seven subsea production trees and control systems for LLOG's Who Dat project.
Delivery of the equipment is expected to begin in 2012 from FMC's operation in Houston, US.
FMC's chairman, president and Chief Executive Officer John Gremp said the company has supported LLOG Exploration and its projects and have had a formal alliance since 2008 to support their Gulf of Mexico projects.
"They have significant prospects and production in the Gulf, and we are pleased to be their subsea systems supplier," said Gremp.
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.