FMC Tech Wins $40M Subsea Controls Order from PT Rajawali Swiber Cakrawala


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


FMC Technologies, Inc. (NYSE: FTI)announced today that it has signed an agreement with PT Rajawali SwiberCakrawala (PTRSC) for the manufacture and supply of subsea controls for theSouth Belut field development. The order has an estimated value of $40 millionin revenue.The field is located in the South Natuna Sea Block B PSC and in water depthsof approximately 334 feet (102 meters). This order provides for the supply ofa topside and subsea distribution control system and is an extension of theEPC contract with ConocoPhillips. The equipment is scheduled for deliverybeginning in the second quarter of 2013 and will be supplied from FMCTechnologies' facilities in Malaysia and Norway.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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