American Climate Project Invests in Kongsberg Technology
Following a contract signed on May 15, 2013, echosounders from Kongsberg will play a part in the American Ocean Observatories Initiative (OOI), for the monitoring of subsea life along both U.S. coasts. OOI is a cable-based array of scientific sensors designed to monitor the marine habitat. Everything from fish and plant life, to chemical, physical and geological changes will be measured. “Given the global climate changes, it is vital for researchers to learn as much as possible about ocean life and any changes that are taking place.
FMC Technologies Perdido Stage II Contract
FMC Technologies, Inc. (NYSE: FTI) has signed an agreement with Shell to supply subsea and topside systems for the Perdido Stage II Regional Development Project in the Gulf of Mexico. Terms of the transaction were not disclosed. FMC's scope of supply includes five subsea production trees and three subsea water injection trees, each rated at 10,000 pounds per square inch (psi). FMC will also manufacture and provide subsea and topside controls, manifold and tie-in equipment, and other systems and services. Deliveries will commence in the third quarter of 2010. FMC has supported Shell's Perdido project since 2007. In December of 2008, the company's global standard…