TechnipFMC Plc - Company Profile
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TechnipFMC Plc (TechnipFMC) is a technology provider to the traditional and new energy industries, focusing on delivering integrated projects, products, and services. The company's primary operations include subsea services and surface technologies. Its portfolio of subsea services includes drilling, asset management, installation of oil and gas field, remotely operated vehicle and manipulator system services, among others. TechnipFMC also offers technical, project management, installation, maintenance, and consultancy services for onshore and offshore projects. The company’s products and services cater to a wide range of applications in the oil and gas industry, offering integrated platform solutions for oil and gas production and measurement systems, flow-treatment systems, surface wellhead systems, flow metering products and systems, among others. TechnipFMC is headquartered in Newcastle-Upon-Tyne, Northumberland, the UK.
Headquarters
United Kingdom
Address
Hadrian House, Wincomblee Road, Nan, London, Northumberland, NE63PL
Website
www.technipfmc.com
Telephone
44 191 2967000
No of Employees
23,089
Industry
Energy and Utilities
Ticker Symbol & Exchange
FTI (NYSE)
Revenue (2024)
$9.9B
9.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
14.4%
(2024 vs 2023)
Market Cap*
$26.0B
Net Profit Margin (2024)
XYZ
4.5%
(2024 vs 2023)
* As of and is in US$
TechnipFMC Plc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Subsea: | Drilling |
| Subsea Trees | Installation |
| Chokes And Flow Modules | Intervention |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In December, the company was awarded a contract from Ithaca Energy to install flexible risers on the Captain development in the UK North Sea. |
| 2025 | Contracts/Agreements | In December, the company secured a significant contract from Chevron for the Gorgon Stage 3 brownfield project. |
| 2025 | Contracts/Agreements | In December, the company secured a substantial Engineering, Procurement, Construction, and Installation contract from Eni S.p.A. for the Coral North development, the second floating liquefied natural gas project offshore Mozambique. |
Competitor Comparison
| Key Parameters | TechnipFMC Plc | Baker Hughes Co | McDermott International Ltd | NOV Inc | Subsea 7 SA |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United States of America | United States of America | United States of America | United Kingdom |
| City | London | Houston | Houston | Houston | Sutton |
| State/Province | Northumberland | Texas | Texas | Texas | England |
| No. of Employees | 23,089 | 53,000 | - | 31,605 | 15,072 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Douglas J. Pferdehirt | Chairman; Chief Executive Officer | Executive Board | 2019 | 61 |
| Alf Melin | Chief Financial Officer; Executive Vice President | Senior Management | 2021 | 55 |
| Justin Rounce | Executive Vice President; Chief Technology Officer | Senior Management | 2018 | 58 |
| Cristina Aalders | Chief Legal Officer; Executive Vice President; Secretary | Senior Management | 2023 | 44 |
| Thierry Conti | President - Surface Technologies | Senior Management | 2022 | 41 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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