FMC Technologies and Technip executed a business combination agreement (BCA) on 14 June 2016 regarding their proposed merger announced on 19 May. The execution of the BCA follows conclusion of the required work council consultation process in Europe…
French engineering house Technip and US-based underwater technologies firm FMC Technologies are to combine, creating a new US$13 billion business, the firms announced this morning. The companies, which firmed a joint venture, Forsys Subsea…
Douglas J. Pferdehirt has been appointed president and CEO of FMC Technologies, effective 1 September 2016. Pferdehirt will succeed John T. Gremp, who will continue to serve as chairman of the board of directors while the company completes its transition to the new CEO…
FMC Technologies will reduce its Norwegian operations by 700 jobs in coming months, after taking a number of efforts to adjust to the low oil price environment, the company told OE. Image from FMC…
Forsys Subsea, the joint venture between FMC Technologies and Technip, has been awarded a contract from Statoil to provide a subsea front-end engineering and design (FEED) study for subsea tie-back of Trestakk to Åsgard A floating production…
Red Marine, based in Hexham, has completed a qualification testing program on a new vent valve for FMC Technologies. The program to validated the performance of the vent valve against industry standards including ISO 10423 (API 6A). Used during workover operations…
FMC Technologies has signed an agreement with Woodside for the design, manufacture and supply of subsea production systems for the Greater Western Flank Phase 2 (GWF-2) Project as part of the North West Shelf (NWS) Project in Western Australia…
FMC Technologies has developed and patented a technology to replace the orbital welding process used to connect small bore hydraulic tubing used in subsea equipment — the shape memory alloy subsea fitting. The technology is based on shape…
Although Houston-based FMC Technologies fell 22% in its 3Q 2015 revenue, the company managed to book US$1 billion in subsea orders, and added US supermajor Chevron to its 20k JIP. FMC ROV. Image from FMC Twitter…
FMC Technologies has received an award from Shell Offshore, Inc. (Shell) for its Appomattox deepwater development in the Gulf of Mexico. FMC Technologies will provide enhanced vertical deepwater trees, subsea manifolds, topside controls…
FMC Technologies has received an award from Shell for its Appomattox deepwater development in the US Gulf of Mexico. FMC Technologies will provide enhanced vertical deepwater trees, subsea manifolds, topside controls, a control system…
Statoil awarded FMC Technologies a US$172 million engineering, procurement, and construction (EPC) contract for Phase 1 of the Johan Sverdrup field. The Johan Sverdrup field center. Image from Statoil…
FMC Technologies has been chosen as the first winner of the OTC Brasil 2015 Spotlight on New Technology Award. The award recognizes FMC Technologies’ shape memory alloy fittings in subsea equipment, which was developed to replace orbital welding processes used to connect hydraulic tubing…
FMC Technologies recently delivered four subsea wellheads in Nigeria for Total’s Egina project – the first to be entirely fabricated in country. The wellheads were fabricated for FMC Technologies by Oiltools Africa Limited (OAL), a Nigerian company…
FMC Technologies is down 15% from 2014, however, its subsea orders were stronger, and the company expects them to steadily increase to exceed US$3 billion in 2015. Image from FMC. The company’s 2Q 2015 revenue came in at $1…
