The chief executives of the engineering giant and subsea powerhouse took to the floor at OTC for the official launch of their joint venture, Forsys Subsea, which aims to achieve "material" reductions of 30% in offshore field-development schemes by integrating SPS and Surf systems from the earliest engineering stages.
"This is not about $50 (per barrel) oil," FMC chief executive John Gremp told a packed audience on the floor of OTC.
"We're
