FMC Technologies, which has a major base in Dunfermline, has won a $70 million contract with Statoil for the manufacture and supply of subsea production equipment to support the Pan Pandora field.
The Pitreavie plant and FMC’s facilities in Norway will be involved in manufacturing and assembling the equipment.
Pan Pandora is an offshore oil and gas field located in water depths of around 950 feet in the Norwegian sector of the North Sea.
The award for FMC also includes options for the supply of subsea production systems for three additional fields.
All equipment will be based on a subsea standard solution designed by Statoil and FMC.
FMC will manufacture four subsea production trees, wellheads, choke modules and subsea control modules.
It will also supply one manifold structure and associated tools and control systems with the equipment manufactured and assembled at FMC’s facilities in Scotland and Norway.
Delivery of the equipment is scheduled to start in the second quarter of next year.
“We value our strong relationship with Statoil and are pleased to support Statoil’s fast-track strategy,” said Tore Halvorsen, FMC’s senior vice president of global subsea production systems.
“FMC’s experience and success in delivering standardised solutions will help Statoil to meet its goal of reducing the time it takes to achieve first oil by approximately 50%,” Mr Halvorsen added.