Forum Energy Technologies Inc - Company Profile
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Business Description
Forum Energy Technologies Inc (FET) offers an array of capital equipment and consumables for the energy sector. It primarily caters to oil, natural gas and allied industries. Its products include pipe handling equipment, mud systems fluid end systems, casing equipment, check valve, coiled tubing pressure control, valves, and related products. These products are widely used in drilling, downhole, subsea, completions, and production activities. The company’s products enhance the overall safety, efficiency, and environmental impact of businesses. FET is also developing novel solutions for renewable energy sectors.
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Business Segments
Overview
The segment designs, manufactures, and supplies products for artificial lift, well construction, production, and infrastructure markets. It serves industries such as oil and natural gas, power generation, renewable energy, and general industrial applications. Key brands include Cannon Services, Multilift, SandGuard, Cyclone, GasGuard, and Davis-Lynch. The segment's strategy focuses on providing comprehensive solutions for well construction, completion, and production, leveraging a range of specialized products and technologies to meet industry demands.
Performance
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Overview
The segment designs, manufactures, and supplies products and solutions for drilling, subsea, coiled tubing, well stimulation, and intervention markets. It serves industries such as oil and natural gas, renewable energy, defense, and communications. Prominent key brands associated with this segment include Forum B+V Oil Tools, Wrangler, Forum Roughneck, Perry, and Forum Sub-Atlantic. Focus on enhancing customer operations through innovative products and services, improving safety, efficiency, and capability in drilling and subsea activities.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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