UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 
FORM 8-K

 
CURRENT REPORT
 
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported) July 14, 2005

 
FMC TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)

 
 	 	 	 	 	
Delaware	 	1-16489	 	36-4412642	
(State or other jurisdiction
of incorporation)	 	(Commission
File Number)	 	(I.R.S. Employer
Identification No.)	
 
1803 Gears Road, Houston, TX 77067
(Address of principal executive offices) (Zip Code)
 
(281) 591-4000
Registrant’s telephone number, including area code

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)	
 
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)	
 
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))	
 
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))	

 

Section 7 – Regulation FD
 
Item 7.01. Regulation FD Disclosure
 
On July 14, 2005, FMC Technologies, Inc. issued a press release announcing an update to the total project costs for its offshore oil loading project in Algeria for Sonatrach-TRC, the Algerian Oil and Gas Company. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.
 
Section 9 – Financial Statements and Exhibits
 
Item 9.01. Financial Statements and Exhibits
 
(c) Exhibits:
 
 	99.1	Press release issued by FMC Technologies, Inc. dated July 14, 2005	

SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

FMC TECHNOLOGIES, INC.	
 	 	
By :	 	/s/ William H. Schumann, III

	
 	 	William H. Schumann, III	
 	 	Senior Vice President and Chief	
 	 	Financial Officer	
 
Date: July 15, 2005

 	 	 	
                        News Release	  	FMC Technologies Inc
1803 Gears Road
Houston, TX 77067	
 	 	
 	  	Exhibit 99.1	

 
 	 	 	 	 	
 	 	Release	  	Immediate	
 	 	 	
 	 	Contact	  	Media: Marvin Brown (281) 591-4212 or Bruce Bullock (281) 591-4429	
 	 	 	  	Investors: Maryann Seaman (312) 861-6414	
 
FMC Technologies Announces Update on Sonatrach Project
 
HOUSTON, July 14, 2005 –- FMC Technologies, Inc. (NYSE: FTI) announced today that its FMC SOFEC Floating Systems subsidiary expects higher costs associated with the installation of an offshore oil loading project in Algeria for Sonatrach-TRC, the Algerian Oil and Gas Company. The total estimated cost increase is approximately $12 million, or $0.10 per diluted share, and will be reflected in the second quarter results for 2005.
 
These cost increases are the result of higher onshore construction costs, delays in customer approvals and higher commissioning costs. The estimates of total project costs contained in this release are management’s best current estimates. Additional costs may be incurred as the project advances toward completion.
 
“We are making significant progress toward final commissioning of the Sonatrach project, and we expect it to be substantially complete by the end of the third quarter. However, we may experience additional project delays and associated cost increases on this project.” said Peter D. Kinnear, Executive Vice President - FMC Technologies.
 
Including the impact of the Sonatrach project cost increase, the Company expects to report a strong second quarter due to strong oilfield market activity.
 
FMC Technologies will report second quarter 2005 earnings after market close on August 3, 2005.
 
# # #
 
FMC Technologies, Inc. (www.fmctechnologies.com) is a global leader providing mission-critical technology solutions for the energy, food processing and air transportation industries. FMC Technologies designs, manufactures and services technologically sophisticated systems and products for its customers through its Energy Systems (comprising Energy Production Systems and Energy Processing Systems), FoodTech and Airport Systems businesses. FMC Technologies employs approximately 9,000 people and operates 31 manufacturing facilities in 16 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. Forward-looking statements are qualified in their entirety by the cautionary language set forth in the Company’s filings with the Securities and Exchange Commission, including the risks and uncertainties described in the Cautionary Note Regarding Forward-Looking Statements in Management’s Discussion and Analysis of Financial Condition and Results of Operations in the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2005. The Company cautions shareholders and prospective investors that actual results may differ materially from those indicated by the forward-looking statements.