FMC to Supply 11 Subsea Trees to Petrobras

FMC Technologies, Inc. has received an award to supply Petrobras with deepwater subsea trees and tie-in systems for 11 add-on wells at the Roncador Module 3 Field, located offshore Brazil. The award has a value of approximately $67 million in revenue to FMC Technologies.

The scope of supply consists of 11 subsea trees, 11 Pipeline End Terminations (PLETs), 11 rigid jumpers and associated installation tools. The project will be engineered and manufactured at FMC Technologiesí facility in Rio de Janeiro and deliveries are expected to commence in 2009.

"We are pleased to continue supporting Petrobras with their deepwater developments," said John Gremp, executive vice president of FMC Technologies. "With this order, Petrobras has now awarded approximately 300 subsea trees to our Brazilian operation." Mr. Gremp also noted that FMC has supplied the largest portion of Petrobras' currently installed subsea base offshore Brazil.

Through its FMC CBV Subsea business in Brazil, FMC Technologies has been supplying subsea solutions for the Brazilian oil industry since 1961. With two facilities in Rio de Janeiro and one service base in Macať, FMC Technologiesí capabilities in Brazil include local engineering, project management, manufacturing, integration testing, installation and customer support.

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