TechnipFMC plc FTI

Company Overview

TechnipFMC plc is a global energy technology company that provides engineering, manufacturing, and lifecycle services to the oil and gas industry, with a primary focus on offshore and subsea development. The company operates across the subsea engineering and production systems and surface wellhead and production technologies industries, supporting the full lifecycle of oil and gas fields from concept through decommissioning. Its core revenue drivers are integrated subsea projects, subsea equipment and services, and surface technologies used in onshore and offshore drilling and production.

The company was formed in 2017 through the merger of Technip and FMC Technologies, combining offshore project management and engineering expertise with subsea and surface equipment manufacturing. In 2021, TechnipFMC completed a strategic separation of its onshore and offshore engineering business into Technip Energies, leaving TechnipFMC as a more focused subsea and surface technologies company. Its positioning emphasizes integrated project execution, proprietary subsea technologies, and long-term service contracts with major energy producers.