TechnipFMC Plc - Company Profile
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TechnipFMC Plc (TechnipFMC) is a provider of oil and gas technologies, systems, and services. The company focuses on 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. It also offers technical, project management, installation, maintenance, and consultancy services for onshore and offshore projects. The company offers 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 London, Greater London, the UK.
Headquarters
United Kingdom
Address
Hadrian House, Wincomblee Road, London, England, NE63PL
Website
www.technipfmc.com
Telephone
44 191 2950303
No of Employees
22,762
Industry
Energy and Utilities
Ticker Symbol & Exchange
FTI (NYSE)
Revenue (2022)
$7.8B
16.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
152.4%
(2022 vs 2021)
Market Cap*
$11.2B
Net Profit Margin (2022)
XYZ
145.0%
(2022 vs 2021)
* As of and is in US$
TechnipFMC Plc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Subsea Systems: | Asset Management Services |
| Vessels | Field Performance Services |
| Flexible Pipe and Umbilical Supply | Development of Onshore Fields |
| 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 |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company secured a contract from ExxonMobil Guyana Limited to provide subsea production systems for the Whiptail project. |
| 2024 | Contracts/Agreements | In March, the company was selected by the Northern Endurance Partnership, a joint venture between bp, Equinor, and TotalEnergies to build carbon dioxide transportation and storage infrastructure for carbon capture projects in the UK’s East Coast Cluster. |
| 2024 | Contracts/Agreements | In March, the company partnered with Saipem to work on a carbon capture and storage project in the UK. |
Competitor Comparison
| Key Parameters | TechnipFMC Plc | GS Caltex Corp | Fluor Corp | Petrofac Ltd | Forum Energy Technologies Inc |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | South Korea | United States of America | United Kingdom | United States of America |
| City | London | Seoul | Irving | Saint Helier | Houston |
| State/Province | England | Seoul | Texas | Jersey | Texas |
| No. of Employees | 22,762 | 3,291 | 30,187 | 7,950 | 1,600 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Douglas J. Pferdehirt | Chief Executive Officer; Chairman | Executive Board | 2019 | 58 |
| Alf Melin | Executive Vice President; Chief Financial Officer | Senior Management | 2021 | 52 |
| Justin Rounce | Chief Technology Officer; Executive Vice President | Senior Management | 2018 | 55 |
| Victoria Lazar | Chief Legal Officer; Secretary; Executive Vice President | Senior Management | 2020 | 56 |
| Luana Duffe | Executive Vice President - New Energy Ventures | Senior Management | 2021 | 40 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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