FMC Technologies, Inc. announced today that it has received a subsea equipment order from LLOG Exploration Company, LLC (LLOG Exploration) for the Who Dat field. The order has an estimated value of $30 million in revenue.
The project is located in the Gulf of Mexico Mississippi Canyon Block 503 in water depths of approximately 3200 feet (975 meters). FMC Technologies’ scope of supply includes subsea trees, a subsea manifold, multiphase meters and a subsea distribution system. The equipment is scheduled for delivery in 2013.
“FMC Technologies is pleased to have been chosen by LLOG Exploration to provide subsea systems for its continued development of the Who Dat field,” said Tore Halvorsen, FMC Technologies’ Senior Vice President, Subsea Technologies. “We welcome the opportunity to continue supporting LLOG Exploration with its Gulf of Mexico developments.”
More than 32 km of 84- and 76-mm chain is on order for delivery at the end of the year, which will be added to already the largest holdings of mooring equipment in the world. The chain, available to customers worldwide, will be used to renew and supplement InterMoor’s vast inventory of mooring equipment and will be used primarily to support the company’s preset mooring programs or add on to the mooring components of drilling rigs.
In addition to the chain purchase, orders for buoyancy and ancillary equipment have also been placed to support the growing needs of InterMoor’s regional locations.
Tom Fulton, InterMoor president, said “This purchase will strengthen InterMoor’s position as the leading global mooring, foundations and subsea services company and will offer our customers quicker access to vital equipment, thereby reducing downtime and costs,” said Tom Fulton, InterMoor president. “This is a very large investment that shows commitment to the developed regions and will help our customers start exploring in areas where constraints in the supply of chain might have previously been a challenge. Renting equipment speeds up the mobilization of drilling rigs, reduces capital investment requirements and enables our clients to concentrate on their core work.”
Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services has been successful in its proposal to a major international umbilical manufacturer for the manufacture, installation and commissioning of a portable umbilical carousel.
The project has an estimated value of $4 million in revenue to Deep Down and is scheduled for delivery in the second quarter of 2013, with procurement of long lead items commencing this month.
Ron Smith, Chief Executive Officer of Deep Down, Inc. stated, “We are delighted with this opportunity. We currently have outstanding quotes in excess of $30 million for our carousel design and this project further recognizes that we are a leading provider of innovative umbilical solutions to the oil and gas industry.”
- Houston, Texas: Deep Down Receives Multiple Services Contracts (mb50.wordpress.com)