FMC Technologies will manufacture and supply subsea production equipment under a three-year frame agreement with ConocoPhillips Indonesia.

ConocoPhillips will use the equipment for its offshore fields, which are located in 300ft of water, offshore Indonesia in the Natuna Sea.

The order includes manufacturing up to 12 subsea production trees, wellheads, control systems and associated offshore tooling and services.

The agreement includes an immediate $57m call-off and is expected to create $96m in revenues for FMC Technologies if all the subsea equipment is ordered.

FMC will design and produce the equipment at its facilities in Indonesia, Singapore and Malaysia, with deliveries to begin in 2011.