USA: FMC Technologies to Be Recognized at OTC with Two Spotlight on New Technology Awards

FMC Technologies, Inc. announced that it will be recognized at the Offshore Technology Conference (OTC) next week with the presentation of two Spotlight on New Technology Awards.

The awards, which honor innovative technologies that significantly impact offshore exploration and production, are in recognition of FMC Technologies’ subsea boosting system developed in cooperation with Sulzer Pumps Ltd. and FMC Technologies’ Condition and Performance Monitoring (CPM) system.

“We are honored to once again be recognized by OTC with these prestigious awards,” said John Gremp, FMC Technologies’ Chairman and Chief Executive Officer. “The Spotlight on New Technology Awards highlight the important role that innovation and technology play in our industry. The two technologies recognized by these awards are examples of how technology is being used to solve the complex challenges faced by our industry.”

FMC Technologies and Sulzer Pumps are being jointly recognized for their powerful new high-speed, helico-axial multiphase subsea boosting system which is optimized for subsea applications. This system combines field-proven pump hydraulics from Sulzer Pumps with FMC Technologies’ permanent magnet technology from Direct Drive Systems for less maintenance with greater speed, efficiency and power.

CPM is a surveillance system which enables proactive maintenance of subsea production and processing systems associated with a 24/7 collaborative expert environment for diagnosis and problem solving. CPM combines continuous monitoring of sensors and subsea instrumentation with a historic database to identify fault condition and deviations from normal operating conditions.

The awards will be presented during a ceremony at 4:00 p.m. CDT on Monday, May 6 in the Rotunda area of the Reliant Center Lobby B in Houston, Texas.

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Press Release, May 03, 2013