HOUSTON--(Business Wire)--
FMC Technologies, Inc. (NYSE:FTI) announced today that it has
signed a five-year alliance agreement with Anadarko Petroleum
Corporation (NYSE:APC) to provide subsea equipment for Anadarko's Gulf
of Mexico exploration and production projects. FMC Technologies' scope
of supply includes subsea trees and associated equipment and services.
"We are excited about the opportunity to continue to work with
Anadarko, the largest independent deepwater Gulf of Mexico producer,"
said John Gremp, FMC Technologies' Executive Vice President of Energy
Systems. "They have a significant rig inventory to execute their
deepwater program, a solid exploration track record, an established
producing infrastructure and a robust development plan. This alliance
will allow us to use our innovative technologies to support the
development of their portfolio."
FMC Technologies, Inc. (NYSE:FTI) is a leading global provider of
technology solutions for the energy industry and other industrial
markets. The Company 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. The Company also
produces food processing equipment for the food industry and
specialized equipment to service the aviation industry. Named by
FORTUNE Magazine as America's Most Admired Oil and Gas Equipment,
Service Company in 2005, 2006 and 2008, FMC Technologies employs
approximately 13,000 people and operates 33 manufacturing facilities
in 19 countries. For more information visit www.fmctechnologies.com.
This release contains forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements are information of a non-historical nature and are subject
to risks and uncertainties that are beyond the Company's ability to
control. These risks and uncertainties are described under the caption
"Risk Factors" in the Company's Annual Report on Form 10-K for the
year ended December 31, 2007 and may be modified in subsequent
quarterly reports filed by the Company with the Securities and
Exchange Commission that may be accessed on the Company's website. The
Company cautions shareholders and prospective investors that actual
results may differ materially from those indicated by the
forward-looking statements.
FMC Technologies, Inc.
Rob Cherry, 281-591-4560 (Investors)
Ellen Bates, 281-445-6559 (Media)
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