Stock Report: FMC Technologies Inc. (FTI) Report Updated: May 20, 2013 | Print This Page

FMC Technologies, Inc. provides technology solutions for the energy industry worldwide. It operates in three segments: Subsea Technologies, Surface Technologies, and Energy Infrastructure. The Subsea Technologies segment designs and manufactures subsea systems used in the offshore production of crude oil and natural gas; and multiphase meters used in production and surface well testing, reservoir monitoring, remote operation, fiscal allocation, process monitoring and control, and turbine and compressor monitoring, as well as provides installation and workover tools, installation assistance, and field support for commissioning, intervention, and maintenance of subsea systems. The Surface Technologies segment offers surface wellheads and production systems for standard service and critical service applications; and flowline products, pumps, and valves used in well completion and stimulation activities. The Energy Infrastructure segment provides measurement systems, which provide solutions for use in custody transfer of crude oil, natural gas, and refined products; loading systems for loading and offloading marine vessels transporting various fluids; material handling solutions consisting of bulk conveying systems to the power generation industry; separation systems that separate production flows from wells into oil, gas, sand, and water; and direct drive systems for various energy-related applications, such as integral motors and related system components. This segment also offers engineering, design, and construction management services in connection with the application of blending technology, process controls, and automation for manufacturers in the lubricant, petroleum, additive, fuel, and chemical industries. The company sells its products primarily through its technical sales organization. FMC Technologies, Inc. was founded in 2000 and is headquartered in Houston, Texas.