FMC Technologies is on a roll, with three large new contracts secured offshore West Africa, US Gulf of Mexico and Natuna Sea. The deals reflect the boom that the subsea sector currently enjoys.
The West Africa contract, the value of which has not been disclosed, is with CNR International for subsea equipment for its Baobab field development 25km offshore Cote d’Ivoire on block CI-40.
The deal covers six subsea trees, eight wellheads, three manifolds, and a subsea control system including subsea distribution systems and associated topside control systems. The equipment is scheduled for delivery in 2014.
In the Gulf of Mexico, the latest award comes from LLOG Exploration Company for its $2billion Delta House project in 1,524m (5,000ft) of water on Mississippi Canyon block 254. The contract is worth around $114million.
This order covers nine subsea trees, four subsea manifolds, five multiphase meters, and associated topside control systems and subsea distribution systems. The equipment is scheduled for delivery in 2013.
LLOG and partner Blackstone Energy approved development of Delta House in December. It is to include a floating production system, oil and gas export lines, and subsea production facilities.
It is to accommodate production from a number of nearby fields, including LLOG’s previously reported discoveries in Mississippi Canyon Blocks 300 and 431.
The oil and gas export lines will connect the FPS to existing downstream pipeline infrastructure.
The third work package was secured from PT Rajawali Swiber Cakrawala and covers the manufacture and supply of subsea controls for the South Belut field development offshore Indonesia. The order has an estimated value of $40million in revenue.
FMC said the order provides for the supply of a topside and subsea distribution control system for the field in the South Natuna Sea Block B in waters just over 100m in depth.
This order is an extension of the EPC contract it has with ConocoPhillips. The equipment is scheduled for delivery beginning in Q2 this year and will be supplied from FMC Technologies’ facilities in Malaysia and Norway.