September 22, 2015

FMC Technologies Awarded Contract for Shell Appomattox

HOUSTON, Sept. 22, 2015 /PRNewswire/ -- FMC Technologies, Inc. has received an award from Shell Offshore, Inc. (Shell) for its Appomattox deepwater development in the Gulf of Mexico.

FMC Technologies will provide Enhanced Vertical Deepwater Trees, subsea manifolds, topside controls, a control system, and a distribution system for the field, which lies in the Mississippi Canyon area of the eastern Gulf of Mexico in 7,200 feet of water, 140 nautical miles southeast of New Orleans.

"FMC Technologies has supported Shell's subsea requirements for more than two decades, and this project represents the continued strength of that relationship," said Tore Halvorsen, Senior Vice President, Subsea Technologies.

About FMC Technologies
FMC Technologies, Inc. (NYSE: FTI) is the global market leader in subsea systems and a leading provider of technologies and services to the oil and gas industry. We help our customers overcome their most difficult challenges, such as improving shale and subsea infrastructures and operations to reduce cost, maintain uptime, and maximize oil and gas recovery. Named by Forbes® Magazine as one of the World's Most Innovative Companies in 2013, the company has approximately 19,000 employees and operates 24 production facilities in 14 countries. Visit or follow us on Twitter @FMC_Tech for more information.

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 deliver, and Shell's acceptance of, the subsea products 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, 2014, 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.

Appomattox Subsea Field


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