Houston, Texas, December 02, 2008 -

Subsea tree placed 9,356 feet below surface at Shell’s Silvertip Field

FMC Technologies, Inc. (NYSE:FTI) announced today that its global standard enhanced vertical deepwater tree system was used to set a new subsea deepwater completion record of 9,356 feet.  The world record depth was achieved at the Shell-operated Silvertip field, part of the Perdido Development located in the Gulf of Mexico. FMC’s previously established record depth of 8,995 feet, also in the Gulf of Mexico, was set in July 2007 with Anadarko’s Independence Hub project.

Shell operates the Perdido Area Development on behalf of partners Chevron and BP.  The development includes the Great White and Tobago fields, as well as the Silvertip field that is located on Alaminos Canyon Block 815.  FMC’s overall scope of supply for the Perdido Area Development includes 17 subsea trees pressure rated at 10,000 psi, five subsea caisson separation and boosting systems, two subsea manifolds, topside and subsea controls and related subsea equipment.

The new record depth was achieved following the installation of an enhanced vertical deepwater tree, a subsea tree technology that earned FMC the 2008 Spotlight on Technology Award at this year’s Offshore Technology Conference in Houston.  The enhanced vertical deepwater tree offers a global standard for vertical completion systems and contains a number of innovative features that provide versatility, installation savings, and operational efficiencies in ultra-deepwater field development.

“Achieving this milestone is an important accomplishment for the FMC and Shell teams,” said John Gremp, Executive Vice President of FMC Technologies. “Deepwater development continues to play a significant role in the future of energy production, and we are pleased that our innovative technologies remain instrumental in the advancement of deepwater projects.”
 

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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 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.