FMC 8-K Chairman of the Board

April 2007

Director of Investor Relations

Maryann T. Seaman

(281) 591-4080 Houston

maryann.seaman@fmcti.com

Presenter:

Joseph H. Netherland

Chairman of the Board

Exhibit 99.1

2

These

slides

and

the

accompanying

presentation

contain

“forward-looking”

statements

which represent management’s best judgment as of the date hereof, based on currently

available information. Actual results may differ materially from

those contained in such

forward-looking statements.

The Company’s periodic reports filed under the Securities Exchange Act of 1934 include

information concerning factors that may cause actual results to differ from those

anticipated by these forward-looking statements. The Company undertakes no obligation

to update or revise these forward-looking statements to reflect new events or

uncertainties.

Although

the

Company

reports

its

results

using

GAAP,

the

Company

uses

non-GAAP

measures when management believes those measures provide useful information for its

stockholders.

The Appendices to this presentation provide reconciliations to GAAP for any non-GAAP

measures referenced in today’s presentation.

3

•

Citrus Extractors

•

Freezing Systems

•

Food Processing

Systems

•

Loaders

•

Deicers

•

Boarding

Bridges

•

RampSnake

•

Subsea Trees

•

Subsea Controls

•

Subsea Production Systems

•

Surface Wellheads

•

Separation Systems

•

Fluid Control

•

Loading Systems

•

Measurement Solutions

FMC Technologies at a Glance

2006 Revenue: $3.8 Billion

Energy

Systems

77 %

Airport

Systems

9 %

FoodTech

14 %

Revenue from Continuing Operations

4

Order Inbound and Backlog

Continued Growth on the Strength of Subsea

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

4.5

5.0

2002

2003

2004

2005

2006

0.0

0.5

1.0

1.5

2.0

2.5

3.0

2002

2003

2004

2005

2006

Orders

Backlog

Energy Systems

FoodTech and Airport

$B

$B

$1.97

$2.30

$3.06

$3.50

$0.90

$1.01

$1.53

$1.89

$2.65

$4.56

5

$2.2

$3.8

$2.0

$2.5

$3.1

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$3.5

$4.0

2002

2003

2004

2005

2006

Strong Financial Results

Energy Systems Driving Growth

1

See Appendix I  for reconciliation of 2004 adjusted segment operating profit (non-GAAP measure) to U.S. GAAP.

0

50

100

150

200

250

300

350

400

2002

2003

2004

2005

2006

Segment Operating Profit

(Adj. Op. Profit)

Airport

FoodTech

Energy Systems

1

$M

$B

Revenue

6

$2.00

$1.41

$3.01

$0.81

$3.80 - $4.00

$1.00

$0.00

$0.50

$1.00

$1.50

$2.00

$2.50

$3.00

$3.50

$4.00

$4.50

2002

2003

2004

2005

2006

2007 Est

Strong

Financial Results

Upward Trend in Income from Continuing Operations

Adjusted Income from Continuing Operations per Diluted Share

(Adjusted Income)

1

1

See Appendix II for reconciliation of 2004 and 2005 adjusted income from continuing operations per diluted share (non-GAAP measure) to U.S. GAAP.

1

(Adjusted Income)

7

Annual Stock Price % Changes

(Non-Cumulative)

43.6%

13.5%

33.3%

38.2%

14.0%

24.2%

-17.8%

-30%

-20%

-10%

0%

10%

20%

30%

40%

50%

2001

2002

2003

2004

2005

2006

1Q07

*Source:  Thomson One; Data through 27-Mar-07

8

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

2001

2002

2003

2004

2005

2006

Subsea Production Systems

29% Compounded Annual Growth

Subsea

47%

All Others

53%

$M

2006 FTI Revenues

Subsea Revenue

Subsea is Our Largest And Fastest Growing Business

9

Aker

Kvaerner

13%

Dril Quip

4%

Vetco Gray

17%

Cameron

26%

FTI

40%

2002-2006

Unit Market Share*

Subsea Production Systems

Market Leader

*Source:  Quest Offshore Resources February 2007

10

Major Subsea

Project Opportunities

Greater than $150M Over the Next 15 Months

Operator

Project

Location

No. of

Trees

Shell

Perdido

GoM

17

Chevron

Gorgon

Australia

12

Shell

Bonga SW

Nigeria

38

Woodside

Pluto

Australia

5

Total

Pazflor

Angola

46

BP

Skarv

Norway

17

Petrobras

Cascade

GoM

21

Shell

Gumusut

Malaysia

19

Total

Usan

Nigeria

44

BP

Block 31

Angola

36

Woodside

Browse

Australia

16

Chevron

Jack / St. Malo

GoM

30

ENI

Goliat

Norway

12

Total

CLOV

Angola

30

Total

Preowe

Nigeria

30

373

Total Projected Trees to be Awarded

11

0

100

200

300

400

500

600

2004

2005

2006

2007

0

50

100

150

200

250

300

350

400

2004

2005

2006

2007 - 2008

Global Subsea Tree Installations*

FTI Manufacturing Capacity

FoodTech

Airport

Energy

Systems

Capacity Increases to Meet Tree Demand

$120 -

$125 million

Capital Spending Projections for 2007**

*Source:  Quest Offshore Resources Inc. Dec. 2006

Units

Units

**  Excludes potential expansion due to additional RLWI opportunities.

12

Growing Energy Systems

•

Expanding the subsea franchise

•

Expanding other energy businesses

13

Subsea Processing

Light Well

Intervention

Expanding the Subsea Franchise

Subsea Separation

Gas Compression

14

Light

Well Intervention

Increased Oil Recovery

•

Low-cost subsea well intervention

•

Enhanced reservoir recovery

•

6-year contract with Statoil

538

381

376

168  

1210  

Subsea

Wells

>5-yrs

Old

in

~2012

(Intervention

need

occurs

after

~5

years

of

production)

15

Tordis Subsea Separation Station

Potential to recover additional

19 million barrels

•

First full-scale subsea separation

station

•

Operational Q4 2007

•

Contract value for FTI $100 million

16

Subsea Gas Compression

Subsea Compression

Station

Subsea Compressor

System

17

Strong Cash Flow Has Reduced Net Debt

At

January

1,

2001,

debt,

net

of

cash

is

presented

on

a

pro

forma

basis

as

defined

in

the

Separation

and

Distribution

Agreement

with

FMC

Corporation.

$139

$301

$245

$203

$193

$39

$103

$37

$66

$69

1/1/01     

(pro-forma)

12/31/02

12/31/03

12/31/04

12/31/05

Synthetic Leases

Debt Net of Cash

$M

12/31/06

12/31/01

18

Return On Investment

0%

5%

10%

15%

20%

25%

2002

2003

2004

2005

2006

Return

on

Investment

(ROI)

is

calculated

as

income

from

continuing

operations

before

the

cumulative

effect

of

changes

in

accounting

principles

plus

after-tax

interest

expense

as

a

percentage

of

total

average

debt

and

equity.

The

calculations

of

2004

and

2005

ROI

use

adjusted

income

from

continuing

operations

which

is

a

non-GAAP

measure.

See

Appendices

I

and

III.

FMC Technologies

Oil Service Index Median

S&P 500 Median

19

In Summary

•

Strong and Growing Subsea Franchise

•

Expanding the Subsea Franchise

–

Light Well Intervention

–

Subsea Separation

–

Gas Compression

•

Growing Other Energy Business

•

Strong Balance Sheet

An Oilfield Services Company with

20

Appendices

21

Appendix I

Reconciliation of Non-GAAP measures (as required by Regulation G)

(In millions)

FY 2004

$     91.6

Income from continuing operations (GAAP measure)

6.1

Add back: Goodwill impairment, net of income taxes

$  124.2

Adjusted

segment

operating

profit

-

Energy

Systems

(non-GAAP measure)

$    97.7

Adjusted income from continuing operations (non GAAP measure)

6.5

Add back: Goodwill impairment

$    117.7

Segment

operating

profit

-

Energy

Systems

(GAAP

measure)

FY 2004

22

Appendix II

Reconciliation of Non-GAAP measures (as required by Regulation G)

$  2.00

Adjusted income from continuing operations per diluted share (non-GAAP measure)

0.36

Plus:

Tax

expense

–

American

Jobs

Creation

Act

(0.22)

Less: Gain on disposal of investment, net of income taxes

$  1.86

Income from continuing operations per diluted share (GAAP measure)

FY 2005

2005

$  1.41

Adjusted income from continuing operations per diluted share (non-GAAP measure)

0.09

Plus: Goodwill impairment, net of income taxes

$  1.32

Income from continuing operations per diluted share (GAAP measure)

FY 2004

2004

23

Appendix III

Reconciliation of Non-GAAP measures (as required by Regulation G)

(In millions)

(15.4)

Less: Gain on disposal of investment, net of income taxes

$ 131.5

Income from continuing operations (GAAP measure)

25.5

Plus: Tax expense –

American Jobs Creation Act

$ 141.6

Adjusted income from continuing operations (non-GAAP measure)

FY 2005