Key Developments: FMC Technologies Inc (FTI)

FTI on New York Consolidated

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26 Dec 2014
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Latest Key Developments (Source: Significant Developments)

FMC Technologies Inc awarded $393 mln subsea systems contract for Eni's block 15/06 east hub project offshore angola
Thursday, 18 Dec 2014 04:05pm EST 

FMC Technologies Inc:Received order from Eni Angola to supply subsea production systems for its deepwater Block 15/06 East Hub development.Order has an estimated value of $393 mln in revenue.  Full Article

FMC Technologies gets subsea systems contract
Wednesday, 17 Dec 2014 08:00am EST 

FMC Technologies Inc:Has received an order from Star Deep Water Petroleum Ltd (a Chevron company), operator of the Agbami field, to provide subsea equipment for operations in the Agbami field, offshore Nigeria.  Full Article

FMC Technologies Inc gives FY 2014 revenue outlook above analysts' estimates; reaffirms FY 2014 EPS outlook - Conference Call
Wednesday, 12 Nov 2014 11:00am EST 

FMC Technologies Inc:Expects FY 2014 revenue growth to achieve closer to range of $8 bln.Expects FY 2014 EPS still in the range of $2.75 to $2.85.FY 2014 revenue of $7.9 bln - Thomson Reuters I/B/E/S.  Full Article

FMC Technologies Inc raises FY 2014 EPS guidance
Tuesday, 21 Oct 2014 04:01pm EDT 

FMC Technologies Inc:Says guidance range for FY 2014 diluted earnings per share has been increased to $2.75 to $2.85.FY 2014 EPS of $2.81 - Thomson Reuters I/B/E/S.  Full Article

FMC Technologies Inc awarded subsea systems contract for Total's Edradour and Glenlivet Fields
Thursday, 16 Oct 2014 08:00am EDT 

FMC Technologies Inc:Says that it has received an order from Total to supply subsea systems for its Edradour and Glenlivet fields offshore in the West of Shetland area.FMC Technologies' scope of supply consists of subsea equipment including manifolds and associated connections and controls equipment, wellhead systems, subsea tie back connection equipment and subsea production tree.  Full Article

FMC Technologies Inc awarded frame agreement
Thursday, 9 Oct 2014 08:00am EDT 

FMC Technologies Inc:Signs long term frame agreement with Wintershall Norge AS.To supply subsea production systems for its developments offshore Norway.First call-off under frame agreement, covering subsea equipment for Wintershall's Maria field, has been awarded.This initial call-off has an estimated value of $280 mln in revenue.Frame agreement expands FMC Technologies' already established relationship providing surface and shallow water equipment to Wintershall to include support for its subsea developments.  Full Article

FMC Technologies Inc updates FY 2014 revenue guidance; gives FY 2014 EPS guidance
Tuesday, 30 Sep 2014 02:00am EDT 

FMC Technologies Inc:Sees FY 2014 revenue at a range of $7.8 bln to $8 bln.Sees FY 2014 EPS in a range of $2.70 to $2.80.FY 2014 revenue of $7.8 bln and EPS of $2.80 - Thomson Reuters I/B/E/S.  Full Article

FMC Technologies Inc gives FY 2014 revenue guidance in line with analysts' estimates - Conference call
Wednesday, 3 Sep 2014 10:25am EDT 

FMC Technologies Inc:Says that for FY 2014, total company revenue should get close to $8 bln in revenue.FY 2014 revenue of $8 bln - Thomson Reuters I/B/E/S.  Full Article

FMC Technologies Inc receives order for five additional Sub sea manifolds for Petrobras' Pre-salt Fields
Tuesday, 19 Aug 2014 08:00am EDT 

FMC Technologies Inc:Says it has received an order for five subsea manifolds from Petrobras for its pre-salt fields located offshore Brazil.Engineered and manufactured in Brazil, the subsea manifolds are scheduled for delivery beginning in 2015.  Full Article

FMC Technologies Inc raises FY 2014 EPS guidance
Tuesday, 22 Jul 2014 04:01pm EDT 

FMC Technologies Inc:Says guidance range for FY 2014 diluted earnings per share has been increased to $2.70 to $2.80.FY 2014 EPS of $2.71 - Thomson Reuters I/B/E/S.  Full Article

Law firm mergers create conflicts for companies

NEW YORK - After Patton Boggs merged with Squire Sanders, the new law firm, Squire Patton Boggs, dropped Patton Boggs' client, Tate & Lyle, because it represents a group of U.S. sugar companies that are suing Tate and others for falsely billing its high-fructose corn syrup as "just like sugar."

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