FTI
30.49
0.27
Leadership
Sustainability
History
History

History

From a continuous spray pump in California's orchards in the 1880s to some of the world's most sophisticated equipment for the oil and gas industry, FMC Technologies and its heritage companies have a long history of technical innovation.

1880s

  • John Bean invents a spray pump to battle disease in his orchards.

1960s

  • FMC develops underwater wellhead equipment for offshore drilling.

1970s

  • Corporate FMC trademark is created and launched.

1980s

  • FMC makes initial investments in subsea wellhead and completion systems product lines.

1990s

  • FMC acquires Kongsberg Offshore, National Oilwell Fluid Control Systems, Smith Meter, and CBV Subsea, solidifying its position as industry leader.

2000s

  • FMC restructures to create two separate, publicly traded companies - FMC Technologies (machinery) and FMC Corporation (chemicals).
  • FMC Technologies, Inc. begins trading on the New York Stock Exchange (NYSE: FTI) on June 14, 2001, and becomes an independent company December 31, 2001.
  • Supplied the world's first high pressure/ high temperature (HPHT) vertical subsea tree system for BP's Thunder Horse field in the Gulf of Mexico.

2010

2011

  • Delivered landmark subsea separation projects on time and under budget: Totals's Pazflor and Petrobras's Marlim.
  • Awarded three of the largest subsea projects in Australia: Chevron's Wheatstone, Shell's Prelude, Woodside's Greater Western Flank.
  • Opened South American Technology Center in Rio de Janeiro to support Brazil's growing offshore and deepwater markets, and to support the pre-salt efforts of Petrobras and other customers.
  • Set a new world deepwater completion record of 9,627 feet in the Gulf of Mexico as part of the Perdido development.

2012

  • Awarded $1.5 billion pre-salt subsea tree contract from Petrobras – the largest order in the company's history.
  • Acquired Control Systems International, a leading supplier of innovative control and automation system solutions for the oil and gas industry and other markets.
  • Acquired Schilling Robotics, a world leader in robotics technology.
  • Acquired Pure Energy Services, a leading provider of frac flowback services and an established wireline services provider.
  • Formed FTO Services, a 50/50 joint venture with Edison Chouest to provide integrated vessel-based subsea services including equipment intervention, riserless light well intervention, plug and abandonment, and other services.

2013

  • Awarded $1.2 billion by Total for subsea equipment for its Egina field.
  • Partnered with Sulzer Pumps to develop subsea pumping systems.

2014

  • Signed a joint industry partnership agreement with four of the world's largest operators - Anadarko, BP, ConocoPhillips, and Shell - to design the next generation of subsea production equipment for high pressure/high temperature fields.

2015

  • Introduced Forsys Subsea, a 50/50 joint venture with Technip, to redefine the way subsea fields are designed, delivered, and maintained.