FMC Technologies receives $33 million subsea equipment order for Total's Pazflor field
HOUSTON -- FMC Technologies, Inc. announced that it has received an order from Total E&P Angola for additional subsea equipment for the Pazflor field. The contract has an estimated value of $33 million in revenue.
The Pazflor field is located in Block 17 offshore Angola. The initial subsea systems delivered to Total for the Pazflor field have been in operation for more than a year. FMC Technologies' scope of additional supply for complementary development under today's contract includes three additional subsea well systems.
"The Pazflor field recently celebrated its one-year anniversary of production," said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies. "We are pleased to continue our support of Total E&P Angola and the Pazflor project, which utilizes some of the industry's most advanced technologies including three subsea gas/liquid separation stations to address hydrate formation, heavy oil, and low reservoir pressure enabling increased oil and gas production."