By Houston Business Journal

Dril-Quip Inc. has been awarded a contract from FloaTEC de Mexico SA de CV valued at about $100 million.

The Houston offshore drilling equipment maker will supply surface production tree systems, production riser systems and a drilling riser system for FloaTECâ¿¿s P-61 Tension Leg Wellhead Platform that is going to be installed offshore Brazil.

Dril-Quip (NYSE: DRQ) expects to begin delivery of the equipment in the fourth quarter of 2012.

Copyright 2010 American City Business Journals
Copyright 2010