FMC Technologies, Inc. announced today that it has signed a contract with BP for the manufacture and supply of subsea equipment to support the Mad Dog Phase 2 field development.
The Mad Dog Phase 2 field development is located near Green Canyon Block 825 of the Gulf of Mexico, 150 miles (240 kilometers) south of New Orleans in about 5,100 feet (1,550 meters) of water. Under the initial contract, FMC Technologies will supply subsea trees, manifolds, and jumper equipment.
“Mad Dog Phase 2 is the first project awarded under our global agreement with BP to provide technologies and services for their worldwide subsea development projects,” said Tore Halvorsen , FMC Technologies’ Senior Vice President, Subsea Technologies. “We have a long history of supporting BP’s global offshore technology requirements, and today’s announcement expands our support of their Gulf of Mexico projects.”
FMC Technologies, Inc. announced today that it has formed a joint venture with Edison Chouest Offshore LLC. The new company will be based in Houston.
Utilizing the subsea technologies, tooling and expertise of FMC Technologies, and the vessel, port logistics and ROV operations of Edison Chouest Offshore, the new company intends to provide integrated vessel-based subsea services for offshore oil and gas fields globally. Services to be offered by the joint venture include equipment intervention, riserless light well intervention, plug and abandonment and other services. The company’s objective is to provide cost-effective solutions to enhance the customer’s ability to initiate, maintain, and increase production from subsea field developments through efficient operations, innovative technologies and a broad inventory of vessels and tools.
”We are pleased to be working with Edison Chouest Offshore to expand the portfolio of subsea services offered by FMC Technologies,” said Tore Halvorsen, FMC Technologies’ Senior Vice President, Subsea Technologies. “This joint venture will provide integrated subsea solutions to address the growing needs of our customers to increase production and improve field recovery rates.”
”We look forward to working with FMC Technologies on this new venture,” said Dino Chouest, Vice President of Operations, Edison Chouest Offshore. “Their leadership in the subsea market combined with our expertise in marine transportation will bring new integrated technologies and operations to the development of subsea fields.”
FMC Technologies, Inc. announced that it has been named the recipient of two Spotlight on New Technology awards by the Offshore Technology Conference (OTC). The awards, which honor innovative technologies that significantly impact offshore exploration and production, recognize FMC’s subsea processing systems designed for Total’s Pazflor field and Petrobras’ Marlim field.
“We are honored to be recognized by OTC for a third consecutive year with these prestigious awards,” said John T. Gremp, Chairman, President and Chief Executive Officer of FMC Technologies. “This is a significant accomplishment for our employees and for our industry-leading subsea processing systems.”
The Pazflor field is the world’s first use of subsea separation and boosting in a new subsea field that will produce two grades of oil (light and heavy). This technology enables economic development of the reservoir where the use of a conventional subsea production system was not feasible. Pazflor is located offshore Angola, and began production in August of 2011 at water depths up to approximately 4,000 feet (1,200 meters).
The equipment for the Marlim field is a step-change in the evolution of subsea processing. It is the industry’s first use of oil and water separation technologies in deep water, and it is the first subsea system to separate heavy oil and water. The Marlim equipment is also the first to reinject separated water back into a subsea reservoir to boost production. The Marlim system was installed offshore Brazil in November of 2011 in water depths of approximately 2,950 feet (900 meters). It is designed to extend the life of this mature oil field, which began production over 30 years ago and was once the largest subsea development in the region.
FMC will receive both awards during a ceremony and press conference at 4:00 p.m. CDT on Monday, April 30, in the Rotunda area of the Reliant Center in Houston, Texas.
FMC Technologies, Inc. is a leading global provider of technology solutions for the energy industry. Named by FORTUNE® Magazine as the World’s Most Admired Oil and Gas Equipment, Service Company in 2010, the Company has approximately 14,200 employees and operates 27 production facilities in 16 countries. FMC Technologies designs, manufactures and services technologically sophisticated systems and products such as subsea production and processing systems, surface wellhead systems, high pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry.
- USA: FMC Technologies Wins Subsea Systems Contract from LLOG – Who Dat project (mb50.wordpress.com)
- USA: FMC Technologies Provides Subsea Systems for Anadarko’s Lucius Field (mb50.wordpress.com)
- USA: FMC Technologies Inks Global Alliance Agreement with Anadarko Petroleum (mb50.wordpress.com)
- USA: FMC Technologies Buys Remaining Schilling Shares (mb50.wordpress.com)
FMC Technologies, Inc. announced that it has signed a global alliance agreement with Anadarko Petroleum Corporation to provide subsea systems and life-of-field services for their worldwide subsea development projects.
In 1999, FMC supplied equipment for Anadarko’s first subsea project, North Garnet, in the Gulf of Mexico. Since then, the companies have collaborated on other projects including Independence Hub, the largest natural gas processing facility in the Gulf, and FMC has also supplied Anadarko with the industry’s first subsea wellhead qualified at a pressure rating of 20,000 psi.
“An alliance has been in place with Anadarko and its legacy companies since 1992 to support their Gulf of Mexico exploration and production projects,” said John Gremp, FMC Technologies’ Chairman, President and Chief Executive Officer. “Today’s announcement will allow FMC to broaden its support of Anadarko’s expanding exploration and production activities worldwide, including recent discoveries offshore the East and West coasts of Africa. Anadarko has an extensive deepwater program, and we are pleased to strengthen our relationship through this global alliance.”
FMC Technologies, Inc. is a leading global provider of technology solutions for the energy industry. Named by FORTUNE® Magazine as the World’s Most Admired Oil and Gas Equipment, Service Company in 2010, the Company has approximately 13,500 employees and operates 27 production facilities in 16 countries. FMC Technologies designs, manufactures and services technologically sophisticated systems and products such as subsea production and processing systems, surface wellhead systems, high pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry.