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Stock Market & Financial Investment News

News Breaks
May 6, 2014
08:15 EDTFTIFMC Technologies awarded contract for six UHD-III ROVs from C-Innovation
FMC Technologies announced that it has received an order from C-Innovation to supply a fleet of six UHD-III Remotely Operated Vehicle, or ROV, systems for its subsea operations business. The ROV systems will be supplied by FMC Technologies' Schilling Robotics business unit and are expected to be delivered in early 2015.
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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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