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.,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 [...]
Clariant has announced today that it signed an agreement with Ecolab Inc. to acquire certain of its deep water Gulf of Mexico assets. The divestment of the assets by Ecolab was a prerequisite by the U.S. Department of Justice for the approval of the acquisition of Champion Technologies. Financial details of the acquisition are not [...]
Trelleborg has, through its business area Trelleborg Offshore & Construction, signed an agreement and finalized the acquisition of the U.K. company Ambler Technologies Ltd. The company develops and produces composite materials that create strictly specified buoyancy and insulation properties in applications used primarily in deep-sea environments. The acquisition provides Trelleborg with access to cutting-edge expertise [...]
Shell is ready to invest several hundred million dollars in emerging technology companies, with the aim to accelerate the deployment of innovations that add value to the company’s operations. From smarter exploration processes to enhanced extraction techniques, Shell’s corporate venturing arm Shell Technology Ventures will make investments over the next six to eight years. [...]
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. [...]
UK-based international well flow management company Expro will present a range of leading technologies at the 15th Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) – the Middle East’s leading oil and gas event. From 11-14th November, Expro will showcase its complete package of products of services – which span the full lifecycle of a [...]
November 6, 2012 | Posted in
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