FMC Technologies, Inc. announced
that it has signed a four-year agreement with Petrobras, Brazil’s national oil
company, for the supply of pre-salt subsea equipment. The total award would
result in approximately $1.5 billion in revenue to FMC Technologies if all of
the subsea equipment included in the agreement is ordered. The initial call-off
has an approximate value of $900 million in revenue to FMC and includes 78
subsea trees
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