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Fmc Technologies News

11 Dec 2023

C-Innovation Names Cribley Business Development Manager

Lucas Cribley (Photo: C-Innovation)

Edison Chouest Offshore (ECO) affiliate C-Innovation (C-I) has welcomed back Lucas Cribley as its new business development manager.During his more than 20-year career, Cribley worked as the program manager and first employee in a joint venture start-up between ECO and FMC Technologies, in which he secured and managed major Inspection, Maintenance, & Repair (IMR), light construction, and Riserless Light Well Intervention (RWLI) projects. As a senior manager at TechnipFMC, Cribley…

30 Jul 2021

TechnipFMC to Take Full Ownership of Well Intervention Firm TIOS

Island Frontier vessel / Photo: Stig Silden - Island Offshore

Oilfield services giant TechnipFMC plans to acquire the remaining 49% of shares in TIOS AS from Island Offshore.TIOS is an offshore well intervention joint venture formed in 2018 between TechnipFMC and Norwegian offshore vessel owner Island Offshore.TechnipFMC said Thursday the move would speed up the development of TechnipFMC’s integrated service model "focused on maximizing value to our clients."TIOS provides fully integrated Riserless Light Well Intervention (RLWI) services…

20 Jan 2021

Gilmore Names New CEO. Targets Acquisitions

David Nemetz - Credit: Proserv

Gilmore, a U.S.-based flow control solutions provider for the oil and gas industry, has appointed David Nemetz as its new Chief Executive Officer (CEO).The company is a subsidiary of Aberdeen-headquartered Proserv and provides flow control products and equipment for the drilling, downhole, production, and wider industrial sectors.Gilmore said that under Nemetz, who has 25 years' experience in the energy industry, it would actively pursue appropriate business acquisitions that…

22 Jul 2019

AMOT Appoints Garza as Marine Market Sales Manager

Gustavo Garza (Photo: AMOT)

AMOT has announced Gustavo Garza as the new Americas regions sales manager for the marine market. Gustavo obtained his bachelor’s degree in Marine Engineering Technology from Texas A&M University at Galveston. Post-graduation, Gustavo expanded his product knowledge working in the marine, industrial distribution, and oil & gas industries while owning his own real estate investment company. Before joining AMOT, Gustavo shared his passion for sales and engineering at Cummins Southern Plains, Atlas Industrial Supply, and FMC Technologies.

06 Aug 2018

Hochoa Takes Over as Bourbon CFO

Thierry Hochoa (Photo: BOURBON)

French offshore services provider Bourbon Corporation announced Thierry Hochoa has been appointed as Chief Financial Officer effective as of August 6. He reports directly to Gaël Bodénès, Chief Executive Officer of Bourbon Corporation.Hochoa replaces Astrid de Bréon who resigned from her position as Chief Financial Officer from July 11.A graduate of IAE Paris, ESCP Business School and also CPA, Hochoa began his career in 1994 as an external auditor at Arthur Andersen, then Ernst & Young (EY).

23 Feb 2018

Schlumberger, Subsea 7 Mull Oil Services JV

(Photo: Subsea 7)

Schlumberger, the world's largest oilfield services firm, and smaller peer Subsea 7 said on Friday they were entering exclusive talks to form a joint venture to deliver subsea installations and services for oilfields. The news lifted Subsea 7 shares on hopes the talks could be the first step towards a full takeover, in a sector that has already seen consolidation with the 2016 merger of Technip and FMC Technologies. In recent months, oil firms have returned to profits due to higher oil prices and the benefits of deep cost cuts they made during the downturn.

18 Jan 2017

TechnipFMC Begins Operations Post-merger

Image: TechnipFMC

TechnipFMC has begun operating as a unified oil and gas services company following completion of the merger of Houston-based FMC Technologies and paris-based Technip. Now with a combined 44,000 employees, the new TechnipFMC will work on oil and gas projects, technologies, systems and services “from concept to project delivery and beyond” with headquarters in Houston, London and Paris. A key focus for TechnipFMC will be project economics across subsea, onshore/offshore and surface, the company said in a press release.

30 Dec 2016

FMC and Technip to Complete Merger in January

USA subsea equipment firm FMC Technologies and French engineering company Technip have jointly announced that they expect their merger to be formally complete by January 16. Houston-based FMC and Paris-based Technip will form a new entity called TechnipFMC. Their planned amalgamation was first announced in May. The parties also announced the filing of a Delaware certificate of merger pursuant to which FMC Technologies and a subsidiary of TechnipFMC will merge effective immediately after the merger between Technip and TechnipFMC on January 16, 2017, which will complete the business combination between FMC Technologies and Technip. Trading of the TechnipFMC shares is expected to begin on January 17, 2017, on Euronext Paris at 9:00 a.m. (Paris time) and on the NYSE at 9:30 a.m.

27 Nov 2016

Designees to The TechnipFMC Board Announced

Technip S.A. (Euronext: TEC) and FMC Technologies, Inc. (NYSE: FTI) today announced their respective designees to the Board of Directors of the combined company, TechnipFMC, effective at the close of the proposed combination. The Board of Directors of the combined company will comprise 14 directors, seven designated by FMC Technologies and seven designated by Technip as set forth below. FMC Technologies will appoint the initial Independent Lead Director, in accordance with the terms of the Business Combination Agreement. The Board of Directors will have four committees: Audit, Nominating and Governance, Compensation, and Strategy. The committee chairs and Independent Lead Director are indicated below.  Douglas J.  Claire S.  Richard A.  Kay G.  James M.

13 Jun 2016

DNV GL Guideline Trashes Unnecessary Subsea Documentation

Customer-case shows potential for a 40% reduction in engineering hours on subsea paperwork, and up to 80% less documentation. A cross-industry project led by DNV GL to halt the boom in subsea documentation shows that implementing a standardized approach can significantly reduce engineering hours. The two-year collaboration led by DNV GL has concluded in a publicly available Recommended Practice which can reduce the amount of subsea documentation and enable documentation reuse in a typical subsea field development project. DNVGL-RP-O101 ‘Technical documentation for subsea projects’ details a required minimum set of documentation transferred between E&P companies, operators and contractors for the construction, procurement and operation of a field.

15 Jan 2016

Tidewater Subsea Charters MV Brandon Bordelon

MV Brandon Bordelon (Photo: Bordelon Marine)

Tidewater Subsea has reached a deal with Bordelon Marine to charter the newly built Jones Act compliant MV Brandon Bordelon for 60 days, plus options. The vessel is intended to be available to work in the U.S. Gulf of Mexico, Mexico and Trinidad, Bordelon Marine said. Tidewater Subsea is mobilizing two FMC Technologies Schilling HP 150 ROVs to the vessel. The Brandon is now fully capable to perform a variety of operations, including IMR (inspection, maintenance and repair), light construction, survey and inspection work.

22 Apr 2015

FMC Beats 1Q Profit Forecasts

The Houston-based subsea specialist FMC Technologies Inc. (FTI) reported first-quarter earnings of $147.6 million, beating Wall Street expectations. The average estimate of 34 analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share on a per-share basis. But it had net income of 63 cents. The company has generated first quarter 2015 revenue of $1.7 billion, down 7 percent from the prior-year quarter $1.82 billion, as stronger Subsea Technologies performance was offset by the continued strength of the U.S. dollar and the decline in the North American land market. Subsea Technologies operating profit increased 19 percent from the prior-year quarter to $168.7 million, primarily due to improved execution and stronger project margins related to backlog conversion.

06 Mar 2015

OTC Names Technology Award Winners

VersaCutter

The Offshore Technology Conference (OTC), which takes place May 4-7 in Houston, has announced 17 technologies that will receive the Spotlight on New Technology SM Award. The 2015 awards will be presented May 4, in the NRG Center Rotunda Lobby. The Spotlight on New Technology Awards—a program for OTC exhibitors—showcase the latest and most advanced hardware and software technologies that are leading the industry into the future. In support and recognition of innovative technologies being developed by small businesses…

18 Sep 2014

Upcoming Expo 'Offshore Marintec Russia'

ExpoForum Convention and Exhibition Centre in St. Petersburg, October 7-10  will host the International Specialised Offshore Exhibition and Conference 'Offshore Marintec Russia' dedicated to the Arctic continental shelf infrastructure development informs official Russian news source Arctic-info. The trade show is organised under the authority of the Government of the Russian Federation. Offshore Marintec Russia serves as a new professional venue for demonstration of recent technical solutions in all aspects of exploitation of the Russian offshore deposits. The Exhibition and Conference will encompass the most relevant topics regarding development of marine, transport, energy and technological infrastructure of the continental shelf.

28 Aug 2014

OSV Power

The Ulstein Verft subsea newbuild Island Performer was built for Island Offshore (Courtesy of Ulstein Group/Marius Beck Dahle)

The continued maturation of Offshore Service Vessel design is embodied in recent contracts and deliveries. Ulstein Verft subsea newbuild Island Performer was built for Island Offshore to be a flexible, RLWI/IMR vessel, destined to serve its first five years for FTO in the Gulf of Mexico. “The vessel is customized to suit the scope of work in the FTO contract, in which RLWI (Riser-less Light Well Intervention) and IMR (Inspection/Maintenance/Repair) are the main tasks. She is able to perform operations at depths down to 3,000m,” said Håvard Ulstein, Managing Director, Island Offshore.

14 Jul 2014

FTO Services Announces Completion of First Vessel

Island Performer naming: Photo credit FMC Technologies

FTO Services announced today that construction of its new deepwater well intervention services vessel has been completed. The naming ceremony for the new vessel, Island Performer, was held in Ulsteinvik, Norway on June 27. During the event, about 200 guests including executives from FTO Services, Edison Chouest Offshore and FMC Technologies sailed on a five hour maiden voyage to celebrate the naming of the vessel. In the fourth quarter of 2014, FTO Services will begin a 5 year lease of Island Performer from vessel owner, Island Offshore.

08 Jul 2014

Island Performer Equipped for Deep-Sea Subsea Work

Island Performer at the naming ceremony in the Geiranger fjord, Norway (Photo: Ulstein Group/Tonje Alvestad)

The Ulstein Verft subsea newbuild, Island Performer, was delivered today to shipowner Island Offshore. The flexible, state-of-the-art RLWI/IMR vessel will serve her first five years for FTO in the Gulf of Mexico. “The vessel is customized to suit the scope of work in the FTO contract, in which RLWI (Riser-less Light Well Intervention) and IMR (Inspection/Maintenance/Repair) are the main tasks. She is able to perform operations at depths down to 3,000 meters, and the contracted work start at year’s end,” said Managing Director Håvard Ulstein, Island Offshore.

18 Mar 2014

Industry Targets Improved Offshore Leak Detection

Christian Markussen

Leak detection is a considerable challenge facing the industry, and DNV GL has therefore taken the lead in establishing a new Joint Industry Project (JIP). Twenty key industry players are partnering to develop a best practice for designing and implementing offshore leak detection systems. Over the last few years, following several oil releases, there has been an increasing focus by both operators and authorities on the environmental impact related to offshore oil and gas activities.

18 Feb 2014

DSS Enters Long Term Vessel Charter

Photo: DSS

Delta SubSea LLC (DSS) signed a long term charter on DP II IMR Support vessel VOS Sympathy for international scopes of work. DSS mobilized two FMC Technologies Schilling Robotics HD 150 HP systems, complete tooling, and full survey suite provided by UTEC Survey. VOS Sympathy will be based out of Trinidad & Tobago and will operate as an ROV platform and light construction vessel for two projects, supporting the operations of a pipe layer. “I am excited about this vessel charter…

10 Jan 2014

Brazil Offshore: Petrobras & Subsea Engineering

Brazil’s Petrobras has been one of the leading players in deepwater, subsea development projects since the turn of the century. These projects include pre-salt and post-salt plays, which require extensive and complex subsea engineering and construction efforts. It would be impossible for Petrobras to develop all of its projects alone, therefore much is done by specialized companies, mostly of foreign origin. “We could not have advanced in this project (pre-salt) conventionally, developing the production individually. We needed a global vision of the projects, starting from a high level plan,” said José Formigli, Petrobras’ Executive Director of E&P, speaking of the primary plan for the development of the pre-salt at the Santos Basin, the Plansal, which was created in 2008.

08 Jan 2014

Aker Appoint David Currie UK Regional President

David Currier: Photo courtesy of Aker Solutions

Aker Solutions says that since 2011 it has established regional structures in Brazil, North America, Norway and now the UK to bolster its presence and build stronger relations with key customers. Currie comes from FMC Technologies, where he has since 1985 held various positions, most recently as director of global subsea operations. A native of Scotland, he will be based in Aberdeen, where Aker Solutions has 2,600 employees working in the maintenance, modifications and operations, drilling technologies and subsea business areas.

20 Nov 2013

Tidewater Elects Industry Notable, Robert L. Potter, to Board

Photo courtesy of Tidewater

OSV fleet owners Tidewater have elected the recently retired President of FMC Technologies, Robert L. Potter to join its Board of Directors for a term beginning December 1, 2013 and expiring in July 2014. Robert L. Potter will retire from his position as President of FMC Technologies, Inc. on November 30, 2013, a position he has held since August 2012, following 40 years of service with the company. Mr. Potter joined FMC Technologies in 1973 after his graduation from Rice University.

12 Nov 2013

Tube Benders Speed Subsea Wellhead Construciton

All-electric tube bending machines from Unison are helping FMC Technologies - the leading supplier of subsea tree hydraulic control systems for wellheads - to substantially reduce build times and multiply its manufacturing capacity. Six sites worldwide now use Unison tube bending machines in a new production method pioneered by FMC Technologies employees in Norway and Scotland. The subsea systems supplier used to plan the routes for the hydraulic tubing runs that interconnect the valves and other component parts of the subsea trees…

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