PRESS RELEASE
Supply agreement with FMC Technologies
"We are pleased to announce the signing of a supply agreement with FMC Technologies Inc. (NYSE:FTI) in Houston, Texas for Cormon's PTEC range of subsea sensors. Typically deployed on subsea wellhead and manifold piping, the equipment plays a significant role in the flow assurance programme for subsea production units, helping to reduce operating costs and extend equipment life.
The agreement acknowledges that the products meet FMC's technical qualification criteria for western hemisphere subsea projects and will run for an initial period of three years with options thereafter. A significant step in the qualification process was the successful completion of a contract to supply PTEC sensors to FMC for the Greater Plutonio project in West Africa.
PTEC products within the agreement include subsea sensors for monitoring sand erosion, corrosion, pressure & temperature. The designs are fully tested and qualified to 15,000 psi (1034 bar) pressure, 350 deg. F (177 deg. C) temperature and 10,000ft (3000m) water depth.
Cormon is a monitoring solutions company specializing in the Oil and Gas Industry, serving both the upstream and downstream markets. Cormon Ltd. is registered in England and has recently expanded its presence in Houston through a wholly owned subsidiary Cormon Inc."
Press contact:
Magne Ostby,
President,
Cormon Inc.
Phone: 713 501 4833
Fax: 832 327 2262
Email:mostby@cormon.com
14825 St Mary's Lane,
Suite 100,
Houston,
Texas 77079-2904,
USA