TechnipFMC's asset
TechnipFMC

@technipfmc.com

TechnipFMC is a leading technology provider to the traditional and new energies industry; delivering fully integrated projects, products, and services.

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About

Description

TechnipFMC is a leading global provider of technology and services for the energy industry. The company, headquartered in London, United Kingdom, was formed through the merger of Technip and FMC Technologies in January 2017. With a rich history spanning over a century, TechnipFMC has become a trusted name in the oil and gas industry.


The company's headquarters are located in London, UK, a strategic location that allows it to be close to major energy markets and customers. The headquarters serve as the central hub for TechnipFMC's global operations and house key functions such as corporate management, research and development, and engineering. TechnipFMC offers a range of products and services that cover the entire lifecycle of oil and gas projects.


These include subsea systems, drilling systems, surface equipment, offshore installation, and onshore and offshore engineering services. The company's expertise spans various segments of the industry, including exploration, production, refining, and chemical. Operating on a global scale, TechnipFMC has a presence in over 48 countries and employs approximately 44,000 people worldwide.


The company has a strong network of subsidiaries and joint ventures that contribute to its global reach. Noteworthy subsidiaries include Technip France, FMC Technologies UK, and FMC Subsea Norway. TechnipFMC also has key partnerships with major energy companies such as ExxonMobil, Shell, and Chevron.


In terms of market position, TechnipFMC is a highly regarded player in the industry. The company reported sales of $13. 5 billion in 2019, solidifying its position as one of the top global providers in the energy sector.


TechnipFMC faces competition from other industry giants such as Schlumberger, Halliburton, and Baker Hughes. In recent years, TechnipFMC has undergone significant changes in its strategy and product lineup to adapt to the evolving energy landscape. The company has focused on expanding its offerings in renewable energy and advanced technologies.


TechnipFMC has also made strides in digitalization, aiming to improve efficiency and reduce costs for its customers. As of the latest update, TechnipFMC continues to be a key player in the energy industry, providing innovative solutions and services to its global clientele. The company remains committed to its mission of delivering excellence in energy, driving sustainable growth, and creating value for its stakeholders

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Company Type

Public Company

Company Size

10,001+

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