FMC Technologies Awarded $180 Million Subsea Systems Gas Contract from Woodside, Australia
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FMC Technologies, Inc. has signed an agreement with Woodside for the design, manufacture and supply of subsea production systems for the Greater Western Flank Phase 2 (GWF-2) Project as part of the North West Shelf (NWS) Project in Western Australia. The contract is valued at approximately $180 million for FMC Technologies and includes: subsea production trees, wellheads, manifolds, subsea and topside controls, and flowline connection systems. Deliveries are expected to begin in 2016 and continue through 2018.
“Our continued collaboration on the North West Shelf Project further solidifies the 20-year relationship between FMC Technologies and Woodside. This development assists with the timely and efficient commercialization of the project’s gas reserves,” said Tore Halvorsen, senior vice president of subsea technologies at FMC Technologies.
The GWF-2 Project is the fourth major gas development for the NWS Project in the last seven years and is expected to develop 1.6 trillion cubic feet of raw gas from its combined six fields using subsea infrastructure and 21.7 miles (35 kilometers) of 16 inch pipeline connecting to the existing Goodwyn A platform.
The GWF-2 Project is expected to begin production in 2019.
About FMC Technologies
FMC Technologies, Inc. is the global market leader in subsea systems and a leading provider of technologies and services to the oil and gas industry. FMC helps customers overcome their most difficult challenges, such as improving shale and subsea infrastructures and operations to reduce cost, maintain uptime, and maximize oil and gas recovery. Named by Forbes® Magazine as one of the World’s Most Innovative Companies in 2013, the company has approximately 18,500 employees and operates 24 production facilities in 14 countries.
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