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Stock Market & Financial Investment News

News Breaks
March 25, 2013
09:04 EDTFTIFMC Technologies and LiqTech International enter multi-year agreement
LiqTech International announced that it has entered into an agreement with FMC Technologies (FTI), for the use of its state-of-the-art disruptive silicon carbide membrane technology for oil/gas applications. The exclusive agreement will bring LiqTech International's silicon carbide membrane technology into the highly attractive unconventional shale oil/gas sector and will allow for the development of new water treatment systems. The agreement includes a multi-year, multi-million dollar commitment towards LiqTech technology in order for FMC Technologies to maintain exclusivity.
News For FTI From The Last 14 Days
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June 22, 2015
16:07 EDTFTIFMC Technologies awarded $297M contract for subsea production systems
FMC Technologies announced that it has received an order from BP Exploration Ltd. to supply subsea production systems for Well Clusters 3-5 of the Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $297M in revenue and is in addition to the initial order for Well Clusters 1-2 received in 2014 from BP, the operator of the Shah Deniz Stage 2 project. The Shah Deniz field is located offshore in the Azerbaijan sector of the Caspian Sea, approximately 100km south of Baku.

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