Manifold Systems News

CORTEC, a manufacturer of API compact ball valves and manifolds, has expanded its CORTEC Manifold Systems (CMS) Lafayette, La. manufacturing facility and relocated to new premises in Port Allen, La. According to Stephen Corte, vice president of CORTEC, the move was necessary to support the company’s growth initiatives and increase in customer demand. The facility now supports a full range of CORTEC’s service operations, including: sales, engineering, quality, machining, product assembly and testing, inventory and coating.

FMC Technologies, Inc. (NYSE: FTI) announced it has signed an agreement with Total Exploration & Production Angola for the manufacture and supply of subsea production equipment for the CLOV development project. The award has a value of approximately $520m in revenue to FMC Technologies. FMC's scope of supply includes the manufacture of 36 subsea trees, wellheads and controls. The company will also supply eight manifolds, two workover systems and associated tooling and equipment. Deliveries are scheduled to commence in the first quarter of 2012. The deepwater CLOV development project consists of the Cravo, Lirio, Orquidea and Violeta discoveries, located in approximately 4,500 feet (1,370 meters) of water in Block 17 offshore Angola.