Question-and-Answer Session
[Operator Instructions]. And your first question comes from the line of Kurt Hallead with RBC Capital Markets.
Peter D. Kinnear - Executive Vice President and Chief Operating Officer
Good morning Kurt.
Kurt Hallead - RBC Capital Markets
Guys guess what my first question is going to be? Looking at your margins for the quarter 11%, taking to 11% for the year guidance, my thought here was that you have some higher value kind of products and backlogs that could go through; they are just kind of trying to gauge here on how to look at the progression as you get through the year given the backlog in December [ph]?
William H. Schumann III - Senior Vice President, Chief Financial Officer and Treasurer
Kurt, this is Will Schumann, and I apologize, I am struggling with my voice a little bit today. We really still expect full year to be at about 11%. We had a good mix of projects in the first quarter; we don't expect that to continue throughout the year. So I think... our guidance to would be... to stay 11% for the full year. We'll probably had some quarters in which we are below 11% and hopefully some quarters in which we're a little above. But I think the full year average of around 11.
Kurt Hallead - RBC Capital Markets
Okay. The... when you look at the order flow for the year, you provided some du-point here about subsea revenue being $3 billion for the year. You kind of look at your perspective book to bill on subsea which you think that your book-to-bill will comfortably exceed one or... is there a chance that your order rates may slow a little bit this year given the big wins that you've had through the course of the back-half of '07?
William H. Schumann III - Senior Vice President, Chief Financial Officer and Treasurer
No, I think our initial outlook, which I mentioned; I... we think our order rate will match our revenue rates so that we will have maintain a backlog, we will slightly increase it at the end of the year in terms of subsea.
Kurt Hallead - RBC Capital Markets
Thank you very much. And then I appreciate whatever question I had for you as I noticed in your release, you got an order for some power generation plant in Energy Processing. I was wondering if you might be able to provide a little bit more color on that and whether or not is that a new business lines that you have [ph] seen that before and if it is, what kind of opportunities do you foresee.
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