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

http://houston.bizjournals.com/houston/stories/2010/07/12/daily34.html?ana=thestreet

Copyright bizjournals.com 2010

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