FMC Technologies, Inc. announced that it has signed an agreement with PT Rajawali Swiber Cakrawala (PTRSC) for the manufacture and supply of subsea controls for the South Belut field development. The order has an estimated value of $40 million in revenue.
The field is located in the South Natuna Sea Block B PSC and in water depths of approximately 334 feet (102 meters). This order provides for the supply of a topside and subsea distribution control system and is an extension of the EPC contract with ConocoPhillips. The equipment is scheduled for delivery beginning in the second quarter of 2013 and will be supplied from FMC Technologies' facilities in Malaysia and Norway.
"This contract award for the South Belut field contains the latest in subsea controls technologies," said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies. "These solutions help ensure fast and efficient communication and control of subsea assets and will allow for scalability and upgradeability over the life of the field."