FMC Technologies has received a $70m contract from Statoil to supply equipment for its Fram H-Nord development in the Norwegian sector of the North Sea.
The company will manufacture and supply subsea production items to support the project, which is located in water depths of 1,200ft.
FMC senior vice president Subsea Technologies Tore Halvorsen said that Fram H-Nord is the sixth fast-track project that the company has received from Statoil in the past two years.
"We are pleased that Statoil continues to rely upon our experience and systems to support these projects and to increase oil recovery," he said.
FMC will supply one subsea production tree, one manifold and one multiphase metre, an integrated template structure, one umbilical, two wellheads and additional controls and equipment.
The equipment will be based on the standard fast-track subsea solution designed by FMC for Statoil and is expected to be delivered in 2013.