FMC to Provide Subsea Equipment for Independence Hub Project

FMC Technologies has signed a contract with Anadarko Petroleum to supply subsea production equipment for certain Anadarko wells in the eastern Gulf of Mexico that will be connected to the Independence Hub. The contract for this project includes 10 subsea trees and associated equipment. The initial value of this contract to FMC Technologies is approximately $25 million in revenue.

Independence Hub, LLC, is an affiliate of Enterprise Products Partners L.P. and the Atwater Valley Producers Group, which includes Anadarko Petroleum; Dominion Exploration & Production, Inc., a subsidiary of Dominion; Kerr-McGee Oil & Gas Corp., a wholly owned affiliate of Kerr-McGee Corp.; Spinnaker Exploration Company and Devon Energy Corp.

Independence Hub will be a deep-draft, semi-submersible platform that will be connected initially to eight natural gas fields. Anadarko is the operator of six of the eight fields and will be the operator of the Independence Hub facility. These fields are located in the Atwater Valley, DeSoto Canyon and Lloyd Ridge areas of the deepwater Gulf of Mexico, where water depths range from 7,800 to 9,000 feet. Deliveries will be completed over a multi-year period and are scheduled to commence in 2005.

"We are pleased to be chosen by Anadarko to supply this subsea equipment, and we look forward to supplying additional equipment for the Independence project," said Peter D. Kinnear, Executive Vice President of FMC Technologies. "This contract award affirms our extensive experience as a subsea solutions provider in the Gulf of Mexico."

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
United States Houston: Principal II - DES
Expertise: Design Engineer|Drilling Engineering
Location: Houston, TX
 
Sr Reservoir / Production Engineer - Field Engineering
Expertise: Production Engineering
Location: Platteville, CO
 
United States Rock Springs: Entry Level to Senior Engineer - Cased Hole
Expertise: Reservoir Engineering
Location: Rock Springs, WY
 
search for more jobs

Brent Crude Oil : $50.8/BBL 0.47%
Light Crude Oil : $47.97/BBL 0.56%
Natural Gas : $3.08/MMBtu 0.98%
Updated in last 24 hours