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Stock Market & Financial Investment News

News Breaks
February 13, 2014
08:20 EDTFTIFMC Technologies awarded $720M contract from eni Muara Bakau BV
FMC Technologies announced that it has received an order from eni Muara Bakau BV to supply subsea systems for its deepwater Jangkrik Complex development offshore Indonesia. The order has an estimated value of $720M in revenue if the full scope of the award is called off. FMC Technologies' scope of supply includes subsea trees, manifolds, jumpers and connection systems, umbilicals, tooling and associated topside and subsea controls systems.
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January 25, 2016
16:19 EDTFTIFMC Technologies awarded $180M contract in Australia
FMC Technologies signed an agreement with Woodside for the design, manufacture and supply of subsea production systems for the Greater Western Flank Phase 2 Project as part of the North West Shelf Project in Western Australia. The contract is valued at approximately $180M for FMC Technologies and includes: subsea production trees, wellheads, manifolds, subsea and topside controls, and flowline connection systems. Deliveries are expected to begin in 2016 and continue through 2018.
09:55 EDTFTIFMC Technologies downgraded to Hold from Accumulate at Tudor Pickering
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