FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed an agreement with Shell Development (Australia) Pty. Ltd. to supply subsea production and associated topside systems for the Prelude field development. The companies also announced an aftermarket agreement that will result in FMC Technologies Australia Ltd. performing installation and commissioning services for the project. Orders associated with this award will be received throughout the remainder of 2011.
The Prelude field is located in the Browse Basin, northeast of Broome Western Australia, in water depths of approximately 820 feet (250 meters). It will become Shell's first field development to utilize a floating liquefied natural gas (FLNG) facility. FMC's scope of supply includes seven large bore subsea production trees, production manifolds, riser bases, subsea control systems and other related equipment. All subsea equipment will be delivered from FMC's Asia-Pacific operations.
"Prelude is a landmark project, being the first floating LNG development, and we are proud to support Shell with this project," said Tore Halvorsen, FMC's Senior Vice President of Global Subsea Production Systems.
Source: Oil Voice