FTI 📈 TechnipFMC - Overview

TechnipFMC PLC is a multinational energy services company that operates across various regions, including Europe, Central Asia, North America, Latin America, the Asia Pacific, Africa, the Middle East, and internationally. The company's business is divided into two primary segments: Subsea and Surface Technologies. The Subsea segment focuses on the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, which are critical components in oil and gas production and transportation. This includes subsea production and processing systems, flexible pipes, subsea umbilicals, risers, and flowlines, as well as vessels and robotics that support offshore operations. Additionally, the company offers well and asset services, and its Subsea Studio platform is designed to optimize the development, execution, and operation of current and future subsea fields.

The Surface Technologies segment, on the other hand, is responsible for designing, manufacturing, and servicing products and systems used in land and shallow water exploration and production of crude oil and natural gas. This segment's product portfolio includes drilling equipment, surface wellheads and production trees systems, pressure control systems, fracturing tree and manifold systems, and flexible pipes, among others. It also offers a range of services, including planning, testing and installation, commissioning, operations, replacement and upgrade, maintenance, storage, preservation, intervention, integrity, decommissioning, and abandonment. Furthermore, the company supplies flowline products and services, as well as safety and integrity systems, multiphase meter modules, in-line separation and processing systems, and standard pumps.

With a history dating back to 1884, TechnipFMC PLC has established itself as a leading player in the energy services industry. Headquartered in Houston, Texas, the company is listed on the New York Stock Exchange (NYSE) under the ticker symbol FTI. Its common stock is traded under the ISIN code GB00BDSFG982, and it is classified under the GICS Sub Industry category of Oil & Gas Equipment & Services. For more information about the company, its products, and services, investors and stakeholders can visit its website at https://www.technipfmc.com.