FMC Technologies Announces Executive Appointments
FMC Technologies, Inc. announced today 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 and well-respected leader with a deep understanding of our markets and technologies,” said Gremp. “He has been integral …
FMC Technologies Hits 22% Rise in Quarterly Figures
FMC Technologies, Inc. reported second quarter 2012 revenue of $1.5 billion, up 22 percent from the prior-year quarter. Diluted earnings per share were$0.46 compared to $0.39 in the prior-year quarter. Highlights: — Record Company operating profit of $203 million — Second quarter Subsea Technologies revenue of $946 million — Year-to-date Subsea Technologies orders of $2.3 …
FMC Technologies Awarded $200 Million Subsea Equipment Contract for Statoil’s Gullfaks South Field Development
FMC Technologies, Inc. announced that it has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Gullfaks South field development. The contract has an estimated value of $200 million in revenue to FMC Technologies. Gullfaks South will be developed as a fast-track …
FMC Technologies Awarded Offshore Loading Arm Systems Contract
FMC Technologies, Inc. announced today that it has signed an agreement with Technip France, on behalf of the Technip Samsung Consortium (TSC), to supply offshore loading arm systems as part of the Shell Prelude Floating Liquefied Natural Gas (FLNG) Project. FMC’s scope of supply includes seven offshore footless marine loading …
FMC Technologies Completes Acquisition of Schilling Robotics
FMC Technologies, Inc. announced that it has completed the transaction to acquire the remaining 55% of the outstanding shares of Schilling Robotics LLC. FMC had previously announced on January 3, 2012, its intention to purchase the remaining outstanding shares of Schilling and increase its ownership to 100 percent. Schilling is a leading …
FMC Technologies Reports First Quarter 2012 Diluted Earnings per Share of $0.41
FMC Technologies, Inc. today 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 the prior-year quarter. Total inbound orders of $2.0 billion were up 50 percent from the prior-year quarter and included $1.4 billion …
FMC Technologies Named World’s Most Admired Oil and Gas Equipment, Services Company
FMC Technologies, Inc. announced today that it has been named the 2012 World’s Most Admired Company in the Oil and Gas Equipment, Services industry by FORTUNE® Magazine. The rankings are based on a survey of approximately 15,000 senior executives, outside directors and industry analysts. Companies were evaluated based on the …
FMC Technologies Reports Fourth Quarter 2011 Diluted Earnings per Share of $0.41
FMC Technologies, Inc. reported fourth quarter 2011 revenue of $1.5 billion, up 36 percent from the prior-year quarter. Diluted earnings per share were $0.41, equal to the prior-year quarter. Total inbound orders of $1.8 billion were up 14 percent from the prior-year quarter and included $1.3 billion in Subsea Technologies …
FMC Technologies Awarded Subsea Systems Contract From Anadarko Petroleum Corporation
FMC Technologies, Inc. announced today that it has signed an agreement with Anadarko Petroleum Corporation to provide subsea systems and life-of-field services for its Lucius project. The Lucius field is located approximately 275 miles southeast of Galveston in Keathley Canyon Block 875, in water depths of approximately 7,100 feet (2,160 …
FMC Technologies Awarded $40 Million Subsea Systems Contract from LLOG
FMC Technologies, Inc. announced that it has signed an agreement with LLOG Exploration Company, LLC, for the design, manufacture and supply of subsea production systems to support its Who Dat project in the U.S. Gulf of Mexico. The award is valued at approximately $40 million in revenue to FMC. FMC’s …