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FMC Technologies Awarded Statoil Contract

Maritime Activity Reports, Inc.

February 3, 2006

FMC Technologies announced it has signed an agreement with Statoil to provide subsea systems for the Vigdis Extension Phase 2 Project in the North Sea. The value of this contract is approximately $25 million. The contract includes subsea trees, a template structure with an integrated manifold, topside control systems, and related equipment. Deliveries are expected to begin in 2006. (Source: Houston Chronicle)

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