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FMC Technologies Receives $33 Million Subsea Equipment Order for Statoil's Snorre Field

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Wed Dec 26, 2012 8:00am EST

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HOUSTON,  Dec. 26, 2012  /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI)
announced today that it has signed an agreement with Statoil (NYSE: STO) for the
supply of additional subsea equipment for the Snorre field. The order has an
estimated value of  $33 million  in revenue.  

Under the terms of the agreement, FMC Technologies will provide 10 production
risers and tieback connectors. The equipment is scheduled for delivery in 2015.

"FMC Technologies has been providing subsea equipment for the Snorre development
for more than 20 years," said  Tore Halvorsen, FMC Technologies' Senior Vice
President, Subsea Technologies. "We are pleased to continue to provide equipment
and systems that help Statoil with their ongoing development of this field."

FMC Technologies, Inc. (NYSE:FTI) is a leading global provider of technology
solutions for the energy industry.  Named by FORTUNEĀ®  Magazine as the World's
Most Admired Oil and Gas Equipment, Service Company in 2012, the  Company has
approximately 16,800 employees and operates 30 production facilities in 16
countries. FMC Technologies designs, manufactures and services technologically
sophisticated systems and products such as subsea production and processing
systems, surface wellhead systems, high pressure fluid control equipment,
measurement solutions, and marine loading systems for the oil and gas industry.
For more information, visit  www.fmctechnologies.com.



This release contains "forward-looking statements" as defined in the Private
Securities Litigation Reform Act of 1995.  The word "estimated" and similar
expressions are intended to identify forward-looking statements, which are
generally not historical in nature.  Such forward-looking statements involve
significant risks, uncertainties and assumptions that could cause actual results
to differ materially from our historical experience and our present expectations
or projections.  Known material factors that could cause our actual results to
differ from those in the forward-looking statements include the Company's
ability to successfully manufacture and deliver, and Statoil's acceptance of,
the subsea systems ordered .  For additional information regarding known
material factors that could cause actual results to differ from projected
results, please see the Company's Annual Report on Form 10-K for the year ended 
December 31, 2011, as well as its other filings with the Securities and Exchange
Commission.  The Company cautions you not to place undue reliance on any
forward-looking statements, which speak only as of the date hereof.  The Company
undertakes no obligation to publicly update or revise any of its forward-looking
statements after the date they are made, whether as a result of new information,
future events or otherwise.   

(Logo:  http://photos.prnewswire.com/prnh/20081222/LAM028LOGO)  

SOURCE  FMC Technologies, Inc.


Investors, Bradley Alexander, +1-281-260-3665, or Media, Lisa Albiston,
+1-281-931-2513
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