FMC Technologies Wins Contract for Rosa Project

FMC Technologies' FMC Kongsberg Subsea AS unit has signed contracts with Total to supply subsea systems for the Rosa project, offshore Angola. The total value of the contracts is approximately $120 million.

The contracts include 18 subsea trees, manifolds, production controls and associated systems. FMC Technologies also will supply technical services related to installation and startup. The supply of equipment, including local content, will be supported by the FMC Kongsberg Subsea operations in Angola. Deliveries will be completed over a multi-year period and are scheduled to commence in early 2005.

The Rosa field is located in water depths ranging from approximately 4,200 to 4,900 feet (1,300 to 1,500 meters) and is about 9 miles (15 kilometers) from the Girassol Floating Production, Storage and Offloading (FPSO) system. The field is scheduled to come on stream in the first half of 2007, and it will raise and prolong the peak production of the FPSO.

Sociedade Nacional de Combustiveis de Angola (Sonangol) is the Block 17 Concessionaire. In addition to Total, other participants in the Block are Esso Exploration Angola (Block 17) Ltd., BP Exploration (Angola) Ltd., Statoil Angola Block 17 AS and Norsk Hydro. The Rosa development is a tieback to the Girassol Field, another Total project for which FMC Technologies supplied the subsea production systems.

"This contract award reaffirms FMC Technologies' experience in and commitment to offshore West Africa," said Peter D. Kinnear, Executive Vice President - FMC Technologies. "We are pleased that Total has again chosen us to provide proven systems for its offshore Angola projects and that Sonangol has again approved our selection."