FMC Technologies Overview

Third Quarter 2015

Supervisor, Investor Relations

James Davis

+1 281.260.3665

james.davis@fmcti.com

1

This presentation contains “forward-looking statements” intended to qualify for the safe harbors from liability established by

the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this

report are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended

(the “Exchange Act”). Forward-looking statements usually relate to future events and anticipated revenues, earnings, cash

flows or other aspects of our operations or operating results. Forward-looking statements are often identified by the words

“believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could,” “may,” “estimate,” “outlook” and similar

expressions, including the negative thereof. The absence of these words, however, does not mean that the statements are

not forward-looking. These forward-looking statements are based on our current expectations, beliefs and assumptions

concerning future developments and business conditions and their potential effect on us. While management believes that

these forward-looking statements are reasonable as and when made, there can be no assurance that future developments

affecting us will be those that we anticipate.

All of our forward-looking statements involve risks and uncertainties (some of which are significant or beyond our control) and

assumptions that could cause actual results to differ materially from our historical experience and our present expectations or

projections. Known material factors that could cause actual results to differ materially from those contemplated in forward-

looking statements include those described in Part I, Item 1A “Risk Factors” of our Annual Report on Form 10-K and in our

Quarterly Reports on Form 10-Q. We wish to caution you not to place undue reliance on any forward-looking statements,

which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking

statements after the date they are made, whether as a result of new information, future events or otherwise, except to the

extent required by law.

2

* As of June 30, 2015.

An oilfield services and equipment company

• $7.9 billion revenue in 2014

• Approximately 19,000

employees worldwide*

• 24 production facilities in

14 countries

• Recognized by

Forbes® Magazine as one

of the World’s Most

Innovative Companies

3

$7.9B Revenue in 2014 from three segments

7% 27%

66%

Energy Infrastructure

Surface Technologies

Subsea Technologies

Surface Wellhead

Fluid Control

Completion Services

Measurement Solutions

Loading Systems

Separation Systems

Automation and Control

Subsea Systems

Multi Phase Meters

Schilling Robotics

4

$0

$2

$4

$6

$8

2010 2011 2012 2013 2014

$B Backlog

$4.2

$4.9

$7.0

$5.4

$0

$200

$400

$600

$800

$1,000

$1,200

$1,400

2010 2011 2012 2013 2014

$785

$0

$2

$4

$6

$8

$10

2010 2011 2012 2013 2014

$7.9

Annual financial results

$B $M Operating Profit

$633

$1,193

$619

Revenue

$6.2

$5.1

$0

$2

$4

$6

$8

$10

2010 2011 2012 2013 2014

$B Orders

$6.0 $5.7

$9.1

$6.7

$4.1

$8.1 $6.6

$7.1

$880

Energy Infrastructure

Surface Technologies

Subsea Technologies

5

$0

$2

$4

$6

$8

2Q11 2Q12 2Q13 2Q14 2Q15

$B Backlog

$5.0 $5.2

$7.3

$6.7

$0

$50

$100

$150

$200

$250

$300

$350

$400

2Q11 2Q12 2Q13 2Q14 2Q15

$199

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

2Q11 2Q12 2Q13 2Q14 2Q15

$1.7

Quarterly financial results

$B $M Operating Profit

$151

$216 $203

Revenue

$1.7

$1.5

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$3.5

2Q11 2Q12 2Q13 2Q14 2Q15

$B Orders

$1.4 $1.5 $1.5

$3.2

$1.2

$1.4

$5.3

$2.0 $291

Energy Infrastructure

Surface Technologies

Subsea Technologies

6

Subsea Technologies is 66% of revenue

FMC Technologies 2014 Revenue

All Other

Segments

Subsea

Technologies

7

Our primary focus is on Subsea Systems

Complexity and value per well increasing

Market share

Sources: Douglas-Westwood, Quest Offshore Resources, Inc.

Revenue (2010 – 2014)

Tree units (2010 – 2014)

GE

12%

Aker

19%

Cameron

21%

FMCTI

41%

GE

15%

Aker

18%

Cameron

22%

FMCTI

43% Dril-Quip

2%

Orders (2010 – 2014)

GE

10%

Aker

23%

Cameron

19%

FMCTI

43%

Total Market $58.0B

Total Market 1,886 Total Market $48.5B

Dril-Quip

5%

Dril-Quip

7%

8

Customer subsea tree demand

416

165 145 131 109 96 73 64 64 58

0

100

200

300

400

500

600

700

Future tree awards (2015* - 2019)

Over half of the next 5 years’ awards from customers with strong FMCTI relationships.

Source: Estimates from Quest Offshore Resources, Inc., August 2015

*Does not include trees awarded during the first quarter and second quarter of 2015.

9

Tree growth consistent with deepwater

expansion

Tree awards

452 434

319373

311

416

553

236194

371

493549 567

100

200

300

400

500

600

700

800

Source: Estimates from Quest Offshore Resources, Inc., August 2015

2015 – 14

2016 – 69

2017 – 124

2018 – 146

2019 – 138

10

Deepwater production importance

New global supply sources needed to meet world demand in 2025

Estimated 40 million barrels / day required

Source: Rystad Energy Supply Study, EIA US Oil Production Estimates, FMCTI Internal Analysis as of February 2015

11

Active rig fleet supports continued subsea well

completions

• Demand expected to increase in 2017

• Approximately 60 newbuild rigs enter market between 2015-2017; approximately 70 older generation rigs to be retired during same period

• 6th and 7th generation rigs more productive

Deepwater semi’s and drill-ships

Source: Rystad, Morgan Stanley Research Estimates, July 2015

286 298 290265

278

100

200

300

2013 2014 2015E 2016E 2017E

12

Technology leadership Strong subsea track record

2001 2006

2005

2010

2009

Jul 2014

Feb 2014

EVXT provided for

BP on Thunderhorse

project

Installation of our

EVXT on Chevron’s

Blind Faith project

Worked with Petrobras

to install Vertical Tree

Systems

Introduced industry

first HC-20 Subsea

Wellhead

Shell announced it

would implement FMC

15K EVDT in GOM

First oil from Shell’s

15K EVDT in GOM

FMC 20K, 350° subsea

system agreement with

Anadarko, BP,

ConocoPhillips, and Shell

13

Subsea manufacturing facility Subsea service base Subsea technology center

Capabilities in all major deepwater basins

• 6 Subsea Technologies Manufacturing Facilities

• 14 Subsea Technologies Customer Support Bases

2014 Subsea Technologies Revenue: $5.3B

Norway

Scotland

Nigeria

Angola

Australia

Brazil

Houston

Malaysia

Singapore

Ivory Coast Ghana

Congo

Newfoundland

Asia-Pacific

South America

North America

Africa

Europe

14

Woodside Greater Western Flank Phase 2 Australia 9

Husky Liwan Phase 2 China 5

Cobalt Cameia Angola 6

Murphy Rotan Blk H Malaysia 4

Shell Appomattox GOM 12

Statoil Johan Sverdrup Norway 13

Reliance R-Series India 9

Anadarko Golfinho Mozambique 22

Chevron Buckskin Mocassin GOM 7

BP Mad Dog Phase 2 GOM 22

ENI Etan Nigeria 11

Shell Bonga South West Nigeria 48

ENI Area 4 Phase 1- Coral Mozambique 6

ExxonMobil Hebron Canada 12

ONGC KG-DWN 98/2 India 8

Shell Vito GOM 14

ENI Mamba Mozambique 21

Anadarko Prosperidade Mozambique 18

Total Zinia Phase 2 Angola 11

Woodside Browse Australia 19

277

Potential $150M+ subsea production system

projects in the next 15 months*

* As of June 30, 2015.

Major subsea project opportunities ahead

15

Standard Subsea Equipment for 20,000 psi 350F JDA

Enhanced

Vertical

Deepwater Tree

(EVDT) System

HC-20 Wellhead

(20K psi High

Capacity)

High Integrity

Pipeline Protection

System (HIPPS)

Subsea Distribution

Controls Well Jumper

Partners Equipment Scope

16

Expanding our subsea solutions scope

Core products

• Trees

• Manifolds

• Control systems

• Template systems

• Flowline

connection

systems

New products

• Subsea processing

− Separation

− Boosting

− Gas compression

• Well Intervention Services

• Remotely Operated

Vehicles (“ROVs”) and

ROV manipulator systems

17

Using subsea processing to enable new

development and increase oil recovery

Greenfield challenges:

• Heavy oil

• Low reservoir pressure

• Hydrate formation

Brownfield challenges:

• Declining oil & gas production

• Increasing water production

• Constrained topside facilities

Pazflor - Angola

• Gas/Liquid Separation

• Boosting

Perdido - GOM • Gas/Liquid Separation

• Boosting

Cascade - GOM • Boosting

BC-10 - Brazil • Gas/Liquid Separation

• Boosting

Tordis - Norway •Gas/Oil/Water/Sand Separation

•Boosting

Marlim - Brazil • Gas/Oil/Water/Sand Separation

Congro and Corvina - Brazil • Gas/Liquid Separation

• Boosting

18

0

2

4

6

8

10

12

14

2012 2013 2014 2015E 2016E

Nu

mb

er

of

Ve

ss

els

Source: Douglas Westwood Well Intervention Report 2014

Vessel based well access demand

0

1000

2000

3000

4000

5000

6000

2014 2015E 2016E 2017E 2018E

Nu

mb

er

of

We

lls

Source: Quest - February 2015

Subsea wells producing for more than 5 years

Subsea Services

19

Subsea Services Platforms

Organizing Execution and Growth Engines for Success

FMCTI Subsea Service Platforms

Installation

Subsea

Drilling

Systems

Asset

Management

Production

Optimization Field IMR Well Services

Optimize Uptime

Optimize Flowrate

20

Stimulation

cycle

Current offering

Flowback

Future offering

• Separators

• Choke manifold

• Flowline

• Well service pumps

• Frac Trees

Stimulation

• Articulating frac

arm manifold

Water processing

• Advanced separation

Shale Opportunities Growth

21

Acquiring key enabling technologies

Separation Systems Compact in-line primary separation

Schilling Robotics ROVs, manipulator systems, controls

Direct Drive Systems Technology High power, compact permanent magnet motors, magnetic bearings

Multi Phase Meters Multiphase flow meters

Automation and Control Control and automation system solutions

Completion Services Flowback and wireline services

22

An oilfield service & equipment company with…

Looking Forward

High degree of

deepwater/subsea

capabilities

40% subsea tree

unit market share

Strong customer

alliances

7 subsea

processing awards

Growth

opportunities are

available

Uphold position as

market leader

Basis for repeat

business and

innovation

Continue to be

industry technology

leader

23

www.fmctechnologies.com