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 [...]
FMC Technologies, Inc. announced today that it has received an order from Total E&P Angola for additional subsea equipment for the Pazflor field. The contract has an estimated value of $33 million in revenue. The Pazflor field is located in Block 17 offshore Angola. The initial subsea systems delivered to Total for the Pazflor field [...]
Champion Technologies has been awarded a contract by Eni Norge for the provision of production chemicals and associated technical services for the Goliat development in the Barents Sea in Northern Norway. The contract, worth over £3million {$5.5million} per year, has been agreed up until the end of 2016 with the option to extend by a [...]
October 3, 2012 | Posted in
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75 years on, Cargotec’s MacGregor range of reliable, innovative technologies continues to provide shipowners and operators with unrivalled expertise and performance in the most demanding marine environments. “This year marks the 75th anniversary of MacGregor, Cargotec’s global market-leading brand in marine cargo handling and offshore load-handling solutions. Although much has changed since its foundation, it [...]
Kongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, has established a new office in Perth, Australia. The new office, which was officially opened on 14th June 2012, will provide sales and technical support to customers across Australasia. “The growing number of developments in sensitive areas and the amount of unconventional [...]
On May 22, CNPC and China Shipping signed a strategic cooperation agreement in Beijing. The two companies will further enhance cooperation to leverage China Shipping’s shipping capacity and guarantee the transportation of CNPC’s crude, refined oil, LNG and chemical products, as well as the marketing of its refined oil and lube oil. Also, the two [...]
FMC Technologies, Inc. announced today that it has completed the acquisition of Control Systems International, Inc. (CSI). CSI is a leading supplier of innovative control and automation system solutions for the oil and gas industry and other markets. The company has operations in Lenexa, Kansas; Irvine, California; and London, England. FMC Technologies, Inc. is a [...]
ANSYS and FMC Technologies have executed a long-term strategic agreement for simulation software that can standardize design analysis and provide scalability for growth. The energy industry is under incredible pressure to increase efficiency, maximize recovery and decrease environmental impact. Furthermore, production equipment such as subsea trees, manifolds and wellheads must operate reliably under extreme [...]
May 1, 2012 | Posted in
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First quarter Subsea Technologies orders of $1.4 billion Record Subsea Technologies backlog of $4.7 billion FMC Technologies, Inc., global provider of technology solutions for the energy industry, yesterday reported first quarter 2012 revenue of $1.4 billion, up 29 percent from the prior-year quarter. Diluted earnings per share were $0.41 compared to $0.35 in [...]
