FMC Technologies to Supply Subsea Systems for Norsk Hydro's Ormen Lange Field In the North Sea

FMC Technologies to Supply Subsea Systems for Norsk Hydro's Ormen Lange Field In
the North Sea 


HOUSTON, Nov. 25  /PRNewswire-FirstCall/ -- FMC Technologies, Inc.  announced
today that its FMC Kongsberg Subsea AS unit has signed an agreement with Norsk
Hydro ASA  to supply subsea systems and related services for the first phase
development of the Ormen Lange Field in the North Sea.  The contract value for
the first phase is approximately $145 million.

The Ormen Lange Field is the largest undeveloped gas field on the Norwegian
Continental Shelf.  The Engineering, Procurement and Construction (EPC) contract
for the first phase includes eight subsea trees and associated structures,
manifolds and production control systems, as well as connection systems for
flowlines and umbilicals.  An additional contract includes technical services
related to installation and startup.  The EPC contract includes an option for
eight additional subsea trees and associated equipment as well as potential
further equipment deliveries in the future.

"We are pleased to be chosen by Norsk Hydro to provide the subsea systems for
this important project, which is distinguished by its size, complexity and
technical challenges.  This agreement for the Ormen Lange Field reflects our
extensive experience as a subsea solutions provider in the North Sea, as well as
the strength of our global alliance with Norsk Hydro," said Peter D. Kinnear,
Vice President, FMC Technologies.

FMC Technologies, Inc. (http://www.fmctechnologies.com/ ) is a global leader
providing mission-critical technology solutions for the energy, food processing
and air transportation industries.  The Company designs, manufactures and
services technologically sophisticated systems and products for its customers
through its Energy Systems (comprising Energy Production Systems and Energy
Processing Systems), FoodTech and Airport Systems businesses.  FMC Technologies
employs approximately 8,500 people and operates 32 manufacturing facilities in
15 countries.

Safe Harbor Statement under the Private Securities Act of 1995: Statements in
this news release that are forward-looking statements are subject to various
risks and uncertainties concerning specific factors described in FMC
Technologies' 2002 Form 10-K and other filings with the U.S. Securities and
Exchange Commission.  Such information contained herein represents management's
best judgment as of the date hereof based on information currently available. 
FMC Technologies does not intend to update this information and disclaims any
legal obligation to the contrary. Historical information is not necessarily
indicative of future performance. 

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DATASOURCE: FMC Technologies, Inc.



CONTACT:  media, Marvin Brown, [phone], or Bruce Bullock,

[phone], or investors, Maryann Seaman, [phone], all of FMC

Technologies, Inc.



Web site: http://www.fmctechnologies.com/ 

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