Subsea

FMC Technologies (NYSE: FTI) announced today that it has received a $125 million order from Petrobras (NYSE: PBR, PBRA), Brazil’s national oil company, to supply equipment for use in their oil and gas developments offshore Brazil. The order, for 32 subsea trees, represents the remaining equipment under a 107-tree frame …

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 …