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FMC Technologies awarded $297 mln contract for subsea production systems for Shah Deniz 2 project

08 July 2015 15:28 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. FMC Technologies, Inc. announced that it has received an order from BP Exploration (Shah Deniz) Ltd. to supply subsea production systems for Well Clusters 3-5 of the Shah Deniz Stage 2 project in the Caspian Sea, APA-Economics reports quoting website of FMC Technologies Inc.

The order has an estimated value of $297 million in revenue and is in addition to the initial order for Well Clusters 1-2 received in 2014 from BP, the operator of the Shah Deniz Stage 2 project. The Shah Deniz field is located offshore in the Azerbaijan sector of the Caspian Sea, approximately 100km south of Baku.