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FMC Technologies granted USD 64m contract from Pemex

27th January 2014

FMC Technologies, has signed a three-year contract with Pemex Exploration and Production for the manufacture and supply of surface wellheads to back its drilling and well maintenance programs in the Gulf of Mexico.

OBS-II exploration wellhead system

FMC Technologies, Inc. revealed that it has signed a three-year contract with Pemex Exploration and Production for the manufacture and supply of surface wellheads to back its drilling and well maintenance programs in the Gulf of Mexico.

The award is estimated to result in approximately USD 64m in revenue to FMC Technologies if all of the equipment is ordered. The agreement provides a guarantee that a minimum 40 per cent of the contractual value will be ordered by Pemex during the three-year call-off period.

FMC Technologies' supply range includes surface wellheads and production trees, as well as installation and supervision services for Pemex's operations in its Southwest Marine Region of the Gulf of Mexico.

The equipment will be delivered from FMC Technologies' operations in Mexico.

Johan Pfeiffer, FMC Technologies' vice president of Surface Technologies said, "We appreciate the opportunity to extend our support of Pemex." He added that "FMC Technologies has historically played a significant role in Pemex's developments, and this new award expands that relationship."

FMC Technologies, Inc. is a global supplier of technology solutions for the energy industry.  The company has about 19,000 employees and operates 30 production facilities in 16 countries.

FMC designs, manufactures and services technological systems and products, which include subsea production and processing systems, surface wellhead systems, high pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry.

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