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Press Release Summary:

Sep 09, 2016 - HOUSTON - FMC Technologies, Inc. will provide subsea multiphase boosting pumps, manifolds, and installation support services for Eni Angola's Block 15/06 West Hub Development Project located off the coast of Angola.

The company's subsea multiphase boosting pumps improve production economics by reducing backpressure on the reservoir, increasing flow rates and total recoverable reserves. Multiphase pumps have a wide operating envelope and are suitable for a broad range of conditions.

"This is our second award for our new subsea multiphase boosting system and we are confident that this technology will be a critical and important part in supporting increased deepwater field recovery," said Tore Halvorsen, Senior Vice President of Subsea Technologies at FMC Technologies.

Eni is the operator of Block 15/06 with a 36.84 percent stake and Sonangol EP is the Concessionaire. The other Partners of the joint venture are Sonangol Pesquisa e Produção (36.84 percent) and SSI Fifteen Limited (26.32 percent).

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 15,500 employees and operates 29 production facilities and services bases in 18 countries. Visit www.fmctechnologies.com or follow us on Twitter @FMC_Tech for more information.

FMC Technologies, Inc.
5875 N Sam Houston
Pkwy W
Houston, Texas 77086
P: 281-591-4000
www.fmctechnologies.com

Source
FMC Technologies, Inc.

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

FMC Technologies, Inc. - Houston, TX

Original Press Release

FMC Technologies Awarded Subsea Contract for Eni's Block 15/06 West Hub Development

Press release date: Sep 06, 2016

HOUSTON - FMC Technologies, Inc. will provide subsea multiphase boosting pumps, manifolds, and installation support services for Eni Angola's Block 15/06 West Hub Development Project located off the coast of Angola.

The company's subsea multiphase boosting pumps improve production economics by reducing backpressure on the reservoir, increasing flow rates and total recoverable reserves. Multiphase pumps have a wide operating envelope and are suitable for a broad range of conditions.

"This is our second award for our new subsea multiphase boosting system and we are confident that this technology will be a critical and important part in supporting increased deepwater field recovery," said Tore Halvorsen, Senior Vice President of Subsea Technologies at FMC Technologies.

Eni is the operator of Block 15/06 with a 36.84 percent stake and Sonangol EP is the Concessionaire. The other Partners of the joint venture are Sonangol Pesquisa e Produção (36.84 percent) and SSI Fifteen Limited (26.32 percent).

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 15,500 employees and operates 29 production facilities and services bases in 18 countries. Visit www.fmctechnologies.com or follow us on Twitter @FMC_Tech for more information.

FMC Technologies, Inc.
5875 N Sam Houston
Pkwy W
Houston, Texas 77086
P: 281-591-4000
www.fmctechnologies.com

Source
FMC Technologies, Inc.

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