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FMC gets subsea deal
Published 05.02.2010 07:48:11 by Elisabeth Kolstad
FMC Technologies has secured a subsea tree agreement with Petrobras.

The Houston-based company signed a four-year agreement for the manufacture of up to 107 subsea trees and related tools.

The deal is valued at about $400 million.

The deal follows an earlier award where Petrobras ordered more than 300 subsea trees to operations in Brazil.
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