FMC Technologies (FTI 0.24%) is a company that Motley Fool analyst Taylor Muckerman has been thinking a lot about lately. One question he has posed is whether or not new competitors would erode some of the company's market share. If the last few months are any indication, FMC Technologies is still firmly entrenched in the deepwater space. However, investors should continue to keep tabs on these deals and the company's execution. Any slip-up could certainly derail its current momentum.