FMC Wins Subsea Contract for Ormen Lange Development

FMC Technologies, Inc.'s subsidiary, FMC Kongsberg Subsea AS, has signed an agreement with Norsk Hydro to supply subsea systems and related services for the first phase development of the Ormen Lange Field in the North Sea. The contract value for the first phase is approximately $145 million.

The Ormen Lange Field is the largest undeveloped gas field on the Norwegian Continental Shelf. The Engineering, Procurement and Construction (EPC) contract for the first phase includes eight subsea trees and associated structures, manifolds and production control systems, as well as connection systems for flowlines and umbilicals. An additional contract includes technical services related to installation and startup. The EPC contract includes an option for eight additional subsea trees and associated equipment as well as potential further equipment deliveries in the future.

"We are pleased to be chosen by Norsk Hydro to provide the subsea systems for this important project, which is distinguished by its size, complexity and technical challenges. This agreement for the Ormen Lange Field reflects our extensive experience as a subsea solutions provider in the North Sea, as well as the strength of our global alliance with Norsk Hydro," said Peter D. Kinnear, Vice President, FMC Technologies.

Our Privacy Pledge

Most Popular Articles

Brent Crude Oil : $49.98/BBL 1.59%
Light Crude Oil : $49.18/BBL 1.56%
Natural Gas : $2.73/MMBtu 1.44%
Updated in last 24 hours