Bloomberg News

FMC Signs $1.5 Billion Deal to Sell Equipment to Petrobras

March 29, 2012

FMC Technologies Inc. (FTI:US) signed a four-year $1.5 billion agreement with Petroleo Brasileiro SA (PETR4) to supply pre-salt subsea drilling equipment for use off the coast of Brazil.

The deal was announced in a statement today.

To contact the editor responsible for this story: Tina Davis at

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Companies Mentioned

  • FTI
    (FMC Technologies Inc)
    • $55.33 USD
    • 0.01
    • 0.02%
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