FMC Technologies Receives Subsea Equipment Award from Venture Production plc

FMC Technologies, Inc. (NYSE:FTI) announced today that it has received an award from Venture Production plc for the supply of subsea production systems. The award represents approximately $25 million in revenue to FMC Technologies.

FMC’s scope of supply includes three high temperature enhanced horizontal subsea trees and four subsea wellheads. All equipment will be designed and manufactured at FMC’s Dunfermline, Scotland facility. This is the third award FMC has received from Venture in 2008. Previous contracts for Venture’s Chestnut and Acorn fields included the supply of two wellhead systems and one subsea tree for each project. The subsea tree for the Acorn field includes a multi-mode fiber optics communication system designed to optimize well productivity and improve the speed and accuracy of data received from the well.

"Today’s announcement strengthens our relationship with Venture,” said Tore Halvorsen, FMC’s Senior Vice President of Global Subsea Production Systems. "We are pleased to support them in their commitment to developing oil and gas resources in the North Sea.”

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.