FMC Technologies, Inc. announced that it will be recognized at the Offshore Technology Conference (OTC) next week with the presentation of two Spotlight on New Technology Awards. The awards, which honor innovative technologies that significantly impact offshore exploration and production, are in recognition of FMC Technologies’ subsea boosting system developed in cooperation with Sulzer Pumps [...]
May 3, 2013 | Posted in
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FMC Technologies, Inc. announced today that it has been awarded a two year extension to an existing contract by Island Offshore Management AS (Island Offshore) to provide Light Well Intervention (LWI) services. The LWI services will be performed from Island Offshore’s Island Constructor vessel on wells operated by BP Exploration Operating Company Ltd (BP). LWI [...]
FMC Technologies, Inc.,a U.S.-based provider of subsea systems and services to the global offshore oil and gas industry, yesterday reported first quarter 2013 revenue of $1.6 billion , up 18 percent from the prior-year quarter. Diluted earnings per share were $0.43 compared to $0.41 in the prior-year quarter. Total inbound orders were $1.8 billion and [...]
FMC Technologies, Inc. announced today that it has received an order from Statoil for additional subsea equipment for the Tyrihans field. The order has an estimated value of $47 million in revenue. The Tyrihans field is located in the Norwegian Sea in water depths of 984 feet (300 meters). This order covers the supply of [...]
FMC Technologies, Inc. announced today that it has received a subsea equipment order from LLOG Exploration for the Who Dat field in the U.S. Gulf of Mexico. The order has an estimated value of $30 million in revenue. The project is located in the Gulf of Mexico Mississippi Canyon Block 503 in water depths of [...]
FMC Technologies, Inc. announced today that it has signed a contract with BP for the manufacture and supply of subsea equipment to support the Mad Dog Phase 2 field development. The Mad Dog Phase 2 field development is located near Green Canyon Block 825 of the Gulf of Mexico, 150 miles (240 kilometers) south [...]
March 19, 2013 | Posted in
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FMC Technologies, Inc. announced today that it has received an order from CNR International Ltd. for subsea equipment for the Baobab field. The Baobab field is located in Block CI-40 West Africa approximately 16 miles (25 kilometers) offshore from the Ivory Coast. FMC Technologies’ scope of supply includes six subsea trees, eight wellheads, three manifolds, [...]
FMC Technologies, Inc. has signed an agreement with Statoil for the supply of additional subsea equipment for the Snorre field in the Norwegian part of the North Sea. The order has an estimated value of $33 million in revenue. Under the terms of the agreement, FMC Technologies will provide 10 production risers and tieback connectors. [...]
FMC Technologies, Inc. today reported third quarter 2012 revenue of $1.4 billion, up 10 percent from the prior-year quarter. Diluted earnings per share were $0.41 compared to $0.50 in the prior-year quarter as improved Subsea Technologies’ results were more than offset by higher non-operating expenses, a weaker North American Surface Technologies market, and less favorable [...]
FMC Technologies, Inc. announced that it has formed a joint venture with Edison Chouest Offshore LLC. The new company will be based in Houston. Utilizing the subsea technologies, tooling and expertise of FMC Technologies, and the vessel, port logistics and ROV operations of Edison Chouest Offshore, the new company intends to provide integrated vessel-based subsea [...]
