FMC Wins $400m Petrobras Deal

7 February 2010 (Last Updated February 7th, 2010 18:30)

FMC Technologies has won a $400m, four-year subsea tree frame deal from Petrobras for work offshore Brazil. Under the contract, FMC will manufacture 107 subsea trees and associated tools for use in 6,500ft water depths. FMC's Rio De Janeiro-based facility will be the hub of al

FMC Technologies has won a $400m, four-year subsea tree frame deal from Petrobras for work offshore Brazil.

Under the contract, FMC will manufacture 107 subsea trees and associated tools for use in 6,500ft water depths.

FMC's Rio De Janeiro-based facility will be the hub of all engineering and manufacturing activities.

Deliveries are expected to begin in 2012.