Winners Recognized for Innovative Products for OffshoreThe Offshore Technology Conference (OTC), which takes place May 6-9 in Houston, has announced 15 technologies that will receive the 2013 Spotlight on New Technology Award recognizing…
Braemar Adjusting continues its development and expansion, with the recruitment of experienced loss adjusters and new young talent across the globe. New staff have boosted the adjusting teams in the firm’s London, Singapore and Calgary…
FMC Technologies to manufacture and supply subsea equipment for BP's Thunder Horse Field in the Gulf of Mexico.The Thunder Horse oil field is located in the Mississippi Canyon area of the Gulf of Mexico, 150 miles (240 kilometers) southeast of New Orleans in approximately 6…
FMC Technologies, Inc.wins order from CNR International Ltd. for subsea equipment for the Baobab field, offshore Ivory Coast.The Baobab field is located in Block CI-40 West Africa approximately 16 miles (25 kilometers) offshore from the Ivory Coast…
FMC Technologies and Edison Chouest Offshore team up in subsea services joint venture with new base in Houston, Texas.Utilizing the subsea technologies, tooling and expertise of FMC Technologies, and the vessel, port logistics and ROV operations of Edison Chouest Offshore…
FMC Technologies, Inc. (NYSE:FTI) said that Robert L. Potter has been appointed President of the company. Potter assumes this responsibility from John T. Gremp who remains Chairman and Chief Executive Officer (CEO).'Bob is an experienced…
Don’t Risk an Expensive Run-in with the U.S. Federal Maritime Commission. For the first time in years, the U.S. Federal Maritime Commission (“FMC”) has a full complement of five Commissioners and a renewed commitment to enforce the Shipping Act of 1984 (as amended…
Reservoir Group announced the appointment of Fraser Louden as managing director of its well intervention and measurements business.Acting as the Group management team’s interface with its growing portfolio of companies, Louden joins from…
While the U.S. economy may be in the doldrums, smart U.S. companies are looking increasingly to exports to help their bottom lines. A major market for U.S. exports is Brazil. This article examines new market opportunities in the oil and gas…
FMC Technologies (NYSE: FTI) announced today that it has received a $125 million order from Petrobras (NYSE: PBR, PBRA), Brazil's national oil company, to supply equipment for use in their oil and gas developments offshore Brazil.The order…
FMC Technologies, Inc. (NYSE: FTI) announced that it has signed a multi-year frame agreement with BG Norge, a subsidiary of BG Group, to provide subsea systems for offshore projects. The five-year contract includes provisions for two additional five-year extensions…
FMC Technologies, Inc. (NYSE: FTI) has signed an agreement with Shell to supply subsea and topside systems for the Perdido Stage II Regional Development Project in the Gulf of Mexico. Terms of the transaction were not disclosed.FMC's scope…
The Federal Maritime Commission (FMC) issued a notice stating that it will meet in open session in its offices on February 10 to consider, among other things, a petition from the National Customs Brokers and Forwarders Association of America for exemption from mandatory rate tariff publication…
FMC Technologies, Inc. (NYSE: FTI) announced that it has signed a subsea service contract with Petrobras (NYSE:PBR) (NYSE:PBRA) . The agreement is effective through 2012 and is expected to result in an additional $80m in revenue to FMC Technologies…
FMC Technologies, Inc. (NYSE: FTI) announced that it has been awarded a contract by Petrobras (NYSE: PBR) (NYSE:PBRA) to supply a subsea separation system for the Marlim field, located in the Campos Basin, offshore Brazil. The contract is valued at approximately $90m in revenue to FMC Technologies…
