FMC Technologies Signs Multi-Year Frame Agreement With Cobalt International Energy
11 February 2010 - 8:00AM
PR Newswire (US)
HOUSTON, Feb. 10 /PRNewswire-FirstCall/ -- FMC Technologies, Inc.
(NYSE: FTI) announced today that it has signed a multi-year frame
agreement with Cobalt International Energy (NYSE:CIE) to provide
subsea systems, including production trees, manifold hardware and
distribution systems. (Logo:
http://www.newscom.com/cgi-bin/prnh/20081222/LAM028LOGO) "Cobalt
has established a world class exploration portfolio in the
deepwater Gulf of Mexico and offshore West Africa," said John
Gremp, FMC's Executive Vice President. "We are pleased to enter
this long-term frame agreement and look forward to supporting their
offshore efforts." FMC Technologies, Inc. (NYSE:FTI) is a leading
global provider of technology solutions for the energy industry.
The Company has approximately 10,400 employees and operates 19
manufacturing facilities in 14 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
http://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, 2008 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.
http://www.newscom.com/cgi-bin/prnh/20081222/LAM028LOGO
http://photoarchive.ap.org/ DATASOURCE: FMC Technologies, Inc.
CONTACT: Investors, Rob Cherry, +1-281-591-4560, or Media, Ellen
Bates, +1-281-445-6559, or Michael King, +1-281-931-2540, all of
FMC Technologies, Inc. Web Site: http://www.fmctechnologies.com/
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