FMC Technologies Signs Five-Year Deepwater Gulf of Mexico Frame Agreement with Noble Energy

FMC Technologies, Inc. (NYSE:FTI) announced today that it has signed a five-year frame agreement with Noble Energy, Inc. making FMC Technologies the preferred subsea equipment supplier for Noble Energy’s deepwater Gulf of Mexico developments.

FMC Technologies’ scope of supply includes the manufacture of subsea production systems including enhanced horizontal subsea trees and related installation services. FMC will also provide required controls, manifolds and tie-in systems as part of the agreement.

"Earlier this year we manufactured two 15,000 psi subsea tree systems for Noble Energy,” said John Gremp, Executive Vice President of FMC Technologies. "This frame agreement strengthens our existing relationship and also provides a budgeting and forecasting plan to assist Noble Energy with their deepwater Gulf of Mexico developments.”

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.