FMC Technologies Signs Global Frame Agreement with BP

FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a five-year global frame agreement with BP to provide subsea production systems and life-of-field services for their worldwide subsea development projects.

“We have a strong relationship with BP and have supported a number of their projects in the world’s most active deepwater basins,” said John Gremp, President and Chief Executive Officer of FMC Technologies. “This includes innovative developments such as Thunder Horse in the Gulf of Mexico and Greater Plutonio offshore West Africa, and we are excited to further strengthen our alliance with today’s frame agreement.”

Source www.fmctechnologies.com