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FMC Technologies awarded contract for BP's Shah Deniz Stage 2 project

FMC Technologies Inc.

FMC Technologies Inc. (NYSE: FTI) has received an order from BP to supply subsea systems for its Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $322 million in revenue.

FMC Technologies' scope of supply includes subsea manifolds, associated controls and connection equipment, as well as key controls and connection components for subsea production trees.

The Shah Deniz field is located in the Azerbaijan sector of the Caspian Sea, 43 miles (70 kilometers) southeast of Baku.

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