FMC Technologies Wins Another Pazflor Order from Total (Angola)

FMC Technologies, Inc. announced today that it has received an order from Total E&P Angola for additional subsea equipment for the Pazflor field. The contract has an estimated value of $33 million in revenue.

The Pazflor field is located in Block 17 offshore Angola. The initial subsea systems delivered to Total for the Pazflor field have been in operation for more than a year. FMC Technologies’ scope of additional supply for complementary development under today’s contract includes three additional subsea well systems.

“The Pazflor field recently celebrated its one-year anniversary of production,” said Tore Halvorsen, FMC Technologies’ Senior Vice President, Subsea Technologies. “We are pleased to continue our support of Total E&P Angola and the Pazflor project, which utilizes some of the industry’s most advanced technologies including three subsea gas/liquid separation stations to address hydrate formation, heavy oil, and low reservoir pressure enabling increased oil and gas production.”

Pazflor comprises a vast subsea gathering network, the most complex ever built in Angola: 180 kilometres of lines tying in 49 subsea wells, 10,000 metric tons of subsea equipment and the giant Pazflor floating production, storage and offloading (FPSO) vessel. Held in position by 16 subsea mooring connectors, with its 325 metres long, 62 metres wide and a weight of more than 120,000 metric tons, the FPSO is the largest in the world. It can store up to 1.9 million barrels of oil that is then exported to tankers via an offloading buoy.

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Press Release, October 17, 2012