FMC Technologies Receives $152 Million Subsea Equipment Order for Statoil's Oseberg Delta 2 Project

 FMC Technologies Receives $152 Million Subsea Equipment Order for Statoil's
                           Oseberg Delta 2 Project

PR Newswire

HOUSTON, Dec. 12, 2012

HOUSTON, Dec. 12, 2012 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI)
announced today that it has received an order from Statoil (NYSE: STO) for
subsea equipment for the Oseberg Delta 2 Project. The order has an estimated
value of $152 million in revenue.

FMC Technologies' scope of supply includes five subsea trees, five wellheads,
two manifolds, control systems and other associated equipment. The order is
the first option from the fast-track portfolio awarded as part of the Gullfaks
South deal announced earlier this year. The equipment is scheduled for
delivery in 2013 - 2014 and will be engineered and manufactured at FMC
Technologies' facilities in Norway and Scotland.

"FMC Technologies began providing subsea equipment for the Oseberg Delta
development in 2005," said Tore Halvorsen, FMC Technologies' Senior Vice
President, Subsea Technologies. "We are pleased to be chosen to provide
equipment and systems that will help Statoil further develop this field."

FMC Technologies, Inc. (NYSE:FTI) is a leading global provider of technology
solutions for the energy industry. Named by FORTUNE^® 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.

Website: http://www.fmctechnologies.com
Contact: Investors: Bradley Alexander, +1-281-260-3665; Media: Lisa Albiston,
+1-281-931-2513
 
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