1 Deepwater Service Company That's Climbing Even Higher

One company in the deepwater space that's been talked about a lot on Fool.com recently is FMC Technologies (FTI +1.15%), which got another bump up today by about 4%, after securing another massive deal for the company. The company has already secured two major deals within the past few months and will now be providing huge support in the form of equipment to CNR International, to be used in the waters off the Ivory Coast. In this video, Motley Fool energy analyst Taylor Muckerman details just how massive these deals are for the company and also discusses why he had previously had some fears that competitors may eat into FMC's profits from these deals -- fears that he says may have been unfounded.