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Latest FMC Technologies Stories

2014-05-02 16:21:59

HOUSTON, May 2, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) today announced that it has broken ground on a new campus at Generation Park, located on the northeast corner of the Sam Houston Tollway (Beltway 8) in Houston, Texas. Within the next 10 years, the company's goal is to consolidate all of its 10 Houston facilities--including its corporate headquarters--to a single, state-of-the-art campus. "We believe there is value in bringing all our Houston employees...

2014-04-30 16:24:37

HOUSTON, April 30, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has completed the divestiture of its material handling products business to Syntron Material Handling, LLC, an affiliate of Levine Leichtman Capital Partners Private Capital Solutions L.P. FMC Technologies, Inc. (NYSE: FTI) is a leading global provider of technology solutions for the energy industry. Named by Forbes® Magazine as one of the World's Most Innovative Companies in 2013,...

2014-04-30 08:24:45

HOUSTON, April 30, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today 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' ISOL-8 Pump and Offshore Loading Arm Footless. "We are honored to again be recognized by OTC with...

2014-04-28 16:23:56

LONDON, April 28, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report: ROVs in the Oil & Gas Industry 2013-2023http://www.reportbuyer.com/energy_utilities/oil_gas/rovs_oil_gas_industry_2013_2023.html Report Details The global ROV market has been growing rapidly over the last years. The primary reason for this development has been the advancement in offshore technologies which has lead to the introduction of more complex subsea infrastructure and to an...

2014-04-22 16:24:25

- Subsea Technologies orders of $1.9 billion HOUSTON, April 22, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) today reported first quarter 2014 revenue of $1.8 billion, up 11 percent from the prior-year quarter. Diluted earnings per share were $0.57 compared to $0.43 in the prior-year quarter. Total inbound orders were $2.6 billion and included $1.9 billion in Subsea Technologies orders. Subsea Technologies backlog was $6.8 billion. "As a result of strong orders...

2014-04-14 12:23:51

HOUSTON, April 14, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from BP to supply subsea systems for its Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $322 million in revenue. FMC Technologies' scope of supply includes subsea manifolds, associated controls and connection equipment as well as key controls and connection components for subsea production trees. The Shah Deniz field is located...

2014-03-26 23:25:01

Power Grid System Market report provides competitive landscape of major global market players with its developments, mergers &; acquisition, expansion & investments, agreements & contracts. (http://www.marketsandmarkets.com/Market-Reports/subsea-power-grid-offshore-supply-market-1100.html) (PRWEB) March 26, 2014 The report "Power Grid System Market in Subsea, By Offshore Power (Captive Generation, Wind Power, Others), Components (Cables, Variable Speed Drives,...

2014-03-24 12:31:46

LOS ANGELES, March 24, 2014 /PRNewswire/ -- Levine Leichtman Capital Partners ("LLCP"), announced today that it has entered into a definitive agreement to acquire the material handling products business of FMC Technologies, Inc. (NYSE: FTI). The new company will be named Syntron Material Handling, LLC ("Syntron"). Upon the closing of the transaction, Syntron will be headquartered in Tupelo, Mississippi with operations in Changshu, China, Salt Lake City, Utah and sales personnel in...

2014-03-20 16:23:27

HOUSTON, March 20, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today a definitive agreement to divest its material handling products business to Syntron Material Handling, LLC, an affiliate of Levine Leichtman Capital Partners Private Capital Solutions II, L.P. This transaction, requiring customary regulatory approvals, is expected to be completed early in the second quarter. The material handling business, part of FMC Technologies' Energy Infrastructure...

2014-03-19 16:21:24

HOUSTON, March 19, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that John T. Gremp, Chairman, President and Chief Executive Officer, will address attendees at the following event: Howard Weil 42nd Annual Energy Conference The Roosevelt Hotel 123 Baronne Street New Orleans, LA 70112 Wednesday, March 26, at 9:25 a.m. ET There will not be a webcast of the...


Word of the Day
attercop
  • A spider.
  • Figuratively, a peevish, testy, ill-natured person.
'Attercop' comes from the Old English 'atorcoppe,' where 'atter' means 'poison, venom' and‎ 'cop' means 'spider.' 'Coppa' is a derivative of 'cop,' top, summit, round head, or 'copp,' cup, vessel, which refers to 'the supposed venomous properties of spiders,' says the OED. 'Copp' is still found in the word 'cobweb.'
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