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Houston’s FMC buys stake in Calif. robotics firm

Houston oil field services company FMC Technologies Inc. is buying nearly half of California robotics firm Schilling Technologies, which specializes in remotely operated vehicles and manipulator systems used in underwater oil and gas production, the companies said today.

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FMC to buy 45% of Schilling Robotics for $116 million

NEW YORK (MarketWatch) -- FMC Technologies Inc. said Friday it will acquire a 45% interest in Schilling Robotics LLC for $116 million in a transaction expected to close no later than Dec. 31. It said the acquisition is expected to be accretive to its earnings per share in 2009. FMC also said it's acquiring the rights to exercise an option over a two-year period beginning in 2012 to acquire...

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FMC awarded Noble supplier contract

Oil and gas company Noble Energy Inc. has tapped FMC Technologies Inc. to be its preferred subsea equipment supplier for the next five years. (FTI) (NBL)

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FMC wins contracts from StatoilHydro

FMC Technologies Inc. has been awarded two separate contracts from StatoilHydro valued at a total of $113 million. (FTI)

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FMC achieves new depth record

FMC Technologies Inc. has set a new world record of 9,356 feet for subsea deepwater completion. (CVX) (BP) (FTI) (APC)