FMC Technologies to Manufacture, Supply Subsea Equipment to Gygrid Field

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Statoil and FMC Technologies have signed a contract for the manufacture and supply of subsea production equipment to support the Gygrid offshore development.

FMC's scope of supply includes the manufacture of two subsea production trees, one manifold and associated subsea and topside control systems. Delivery of the equipment is scheduled for the third quarter of 2011.

Gygrid is located on Block 6407/8 in 810 feet (247 meters) of water in the Norwegian sector of the North Sea. StatoilHydro operates the development, holding a 30% interest.

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