Subsea production system for Statoil

FMC Technologies Inc. has announced that a unit of its FMC Energy Systems business has been awarded a contract, valued at approximately USD 23 million, by Statoil to provide a complete subsea production system for a Statoil prsubseas production system; offshore oiloject in the North Sea. The system, to be provided by FMC Kongsberg Subsea AS, the Company’s Norway-based subsidiary, is for Alpha North, a satellite to the Sleipner West field in the North Sea that is being developed by Statoil and its partners. The satellite is expected to begin producing gas and condensate in October 2004. The contract includes options for further work, and FMC Kongsberg Subsea also has won the job of providing technical services and operations support for the production system.

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