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Monday, July 7, 2008

FMC Technologies wins $45 million StatoilHydro contract

Houston Business Journal

FMC Technologies Inc. has been awarded a contract valued at about $45 million by Norway's StatoilHydro.

The contract with Houston-based FMC (NYSE: FTI) is for the manufacture and supply of subsea equipment for StatoilHydro's Asgard development in the Norwegian Sea.

Deliveries are expected to commence this summer.


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