January 21, 2010 (FinancialWire) — – FMC Technologies, Inc. (NYSE: FTI) said that it has signed a subsea service contract with Petrobras (NYSE: PBR). The agreement is effective through 2012 and is expected to result in an additional $80 million in revenue to FMC Technologies, according to the company.

FMC’s scope of supply includes storage, maintenance, commissioning and offshore services for subsea and topside control systems and drill pipe riser systems.

Houston-based FMC Technologies designs, manufactures and services systems and products such as subsea production and processing systems, surface wellhead systems, high pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry.

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