FMC Technologies to Supply Subsea Systems for Blind Faith Project
FMC Technologies, Inc. has been chosen by Chevron and its partner Kerr-McGee Corp. to supply subsea systems for its Blind Faith project in the Gulf of Mexico. The contract has a value of approximately $39 million in revenue to FMC Technologies.
FMC Technologies' initial scope of supply for the Blind Faith project includes three high-pressure high-temperature subsea trees and associated structures, production control systems and other related equipment. Deliveries will be completed over several months and are scheduled to commence in the first quarter of 2007.
"We are pleased that FMC Technologies has been chosen for this important Gulf of Mexico project," said Peter D. Kinnear, Executive Vice President -- FMC Technologies. "This contract award reaffirms our leadership position as a provider of deepwater technology solutions for the industry's most demanding projects. The FMC Technologies' high-pressure enhanced horizontal subsea systems chosen for this project are among the most technically advanced oil and gas solutions in the world."
The Blind Faith discovery is located in the Gulf of Mexico,
Mississippi Canyon 696, approximately 160 miles (257 km) southeast of
New Orleans, La. The water depth in the area is approximately 7000
feet (2,134 meters). Chevron operates Blind Faith with a 62.5%
interest; Kerr-McGee holds the remaining 37.5% interest.
- Synergy Resources Approved as O&G Operator in Colorado (May 13)
- Anardarko Is Winner in U.S. Royalty Case (Jan 13)
- U.S. Official Estimates $31B At Stake in Kerr-McGee Case (Feb 26)
Company: Chevron Corporation more info
- CB&I, Chevron Lummus Global, Saudi Aramco Launch 'Crude-to-Chemical' JV (Jan 18)
- Oil Producers Want New Hearing on Impact of Magellan Proposal (Jan 17)
- Exxon, BP Targeted in NYC Suit That Relies on 'Nuisance' Theory (Jan 10)
Company: FMC Technologies more info
- Technip, FMC Technologies Complete Merger (Jan 17)
- FMC, Technip Receive Clearance to Combine from European Commission (Nov 24)
- Restructuring at FMC Technologies to Continue Following Layoffs (Oct 20)