FMC Technologies Chosen to Supply Subsea Systems for Hydro's Vega and Vega South Fields.

HOUSTON -- FMC Technologies, Inc. (NYSE:FTI) announced today that it has been chosen to supply the subsea systems for Norsk Hydro's Vega and Vega South fields in the North Sea, offshore Norway. The contract has a value of approximately $200 million in revenue to FMC Technologies.

FMC Technologies' scope of supply includes six subsea trees, three manifolds with protection structures, related control systems and a workover system. The systems will be engineered and manufactured at the Company's facilities in Kongsberg, Norway, and Dunfermline, Scotland. Deliveries are scheduled for 2009.

"This contract reflects our extensive experience in the North Sea, as well as the strength of our alliance with Hydro," said John Gremp, Executive Vice President, FMC Technologies. "Through our industry-leading technology and collaborative business relationship, we are helping Hydro meet some of its most difficult subsea challenges on this and other projects."

The gas and condensate fields Vega and Vega South lie in 380 meters of water in the blocks 35/8 and 35/11 about 80 kilometers west of Floro in Sogn and Fjordane.

FMC Technologies, Inc. (NYSE:FTI) is a leading global provider of technology solutions for the energy industry and other industrial markets. 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. The Company also produces food processing equipment for the food industry and specialized equipment to service the aviation industry. Twice named as the Most Admired Oil and Gas, Equipment Service Company by FORTUNE magazine, FMC Technologies employs approximately 11,000 people and operates 33 manufacturing facilities in 19 countries.

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, 2006 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.