FMC Technologies Receives Order For CALM Buoys

Monday, March 25, 2002
FMC Technologies, Inc. announced that it has received an order from Ramseyer & Miller International Inc., an affiliate of Techint International Construction Corporation, for the supply of two SOFEC™ CALM (catenary anchor leg mooring) buoy marine export terminals, for installation offshore Ecuador, South America. FMC SOFEC Floating Systems is the designer of the buoys. One of the buoys is planned to be delivered new from inventory, and an essentially identical second buoy is anticipated to be constructed for the project. Each buoy is planned to be equipped for mooring and loading various size export tankers with heavy crude oil received from a new, 300-mile (500-kilometer) pipeline being constructed by Techint. Installation of the buoys is scheduled for early 2003. The pipeline, which is planned to extend from the interior oil fields of Ecuador to the northern port city of Esmeraldas, is a project of the Oleoducto de Crudos Pesados Ecuador S.A. (OCP) international consortium, which includes Techint. The pipeline is planned to be capable of transporting up to 450,000 barrels of oil per day. “We are pleased that FMC Technologies has been selected to supply these export terminal systems for the OCP pipeline project,” said Peter D. Kinnear, vice president – FMC Energy Systems. “This is a major infrastructure project in Ecuador, and we are proud to play a role in its development.”

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