FMC Technologies Awarded $75 Million Roncador Module III Contract

Project Will Incorporate FMC's All-Electric Technology in Brazilian Waters 


HOUSTON, Feb. 10  /PRNewswire-FirstCall/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an award from Petrobras (NYSE:PBRNYSE: PBRA) to engineer and manufacture four subsea manifolds and controls for its Roncador Module III project. This project will also incorporate FMC's All-Electric technology in Brazilian waters. The contract is valued at approximately $75 million in revenue for FMC.

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FMC's scope of supply consists of two, six-slot subsea manifolds to distribute gas lift injection to 12 wells. These manifolds will also contain 12 subsea control modules that will provide electro-hydraulic functions to operate the manifolds and subsea trees. The company will also supply two additional manifolds for water injection that will utilize FMC's proprietary All-Electric actuators for the operation of the chokes. The equipment will be engineered and manufactured at FMC Technologies' facility in Rio de Janeiro with deliveries expected to commence in 2010.

"We are pleased that a leading operator, Petrobras, recognizes the value of our All-Electric technology and our subsea systems," said John Gremp, Executive Vice President of FMC Technologies. "We have manufactured systems for Petrobras' Roncador field since 1999, and to date we have supplied all three existing subsea manifolds as well as related controls and equipment."

FMC Technologies' products have been present in the Brazilian oil industry since 1961, and the company's operations in Brazil have supplied subsea solutions to the region since 1978. With two facilities in Rio de Janeiro and one service base in Macae, FMC's capabilities in Brazil include local engineering, project management, manufacturing, integration testing, installation and customer support.

FMC Technologies, Inc. (NYSE:FTI) is a leading global provider of technology solutions for the energy industry. 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. Named by FORTUNE Magazine as America's Most Admired Oil and Gas Equipment, Service Company in 2005, 2006 and 2008, FMC Technologies has approximately 10,000 employees and operates 23 manufacturing facilities in 19 countries.  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, 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. 

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DATASOURCE: FMC Technologies, Inc.



CONTACT:  investors, Rob Cherry, [phone], or media, Ellen Bates,

[phone], or Michael King, [phone], all of FMC Technologies,

Inc.



Web Site:  http://www.fmctechnologies.com/ 

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