FMC Technologies Awarded Contract for Six UHD-III Remotely Operated Vehicles (ROVs) from C-Innovation

FMC Technologies, Inc. (NYSE: FTI) announces that it has received an order from C-Innovation to supply a fleet of six UHD-III Remotely Operated Vehicle (ROV) systems for its subsea operations business. The ROV systems will be supplied by FMC Technologies' Schilling Robotics business unit and are expected to be delivered in early 2015.

The UHD-III ROV systems are the latest generation of ultra heavy-duty work-class vehicles, and will expand C-Innovation's global ROV fleet to more than 50 systems. The UHD-III ROV incorporates FMC Technologies' new ISOL-8 Pump. The award winning ISOL-8 Pump is a key feature that enables compliance with API Standard 53, which requires a secondary intervention method on blowout preventors (BOPs) to close rams in less than 45-seconds. The UHD-III is the only API 53 compliant ROV in the market, enabling secondary BOP intervention at a fraction of the traditional cost.

"FMC Technologies is very pleased to have been awarded this contract by C-Innovation," said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies. "We are delighted that our focus on providing advanced ROV equipment that increases our customers' offshore productivity is helping C-Innovation continue to grow at a rapid pace."