TechnipFMC plc Company Profile by CMR

Company Profile

TechnipFMC plc Basic Information, Manufacturing Base, Sales Area, and Competitors

Sr. No.	Item	Description
1	Company Name	TechnipFMC plc
2	Website	www.technipfmc.com
3	Established Date	1958
4	Headquartered	United Kingdom
5	Market Position/ History	TechnipFMC plc company was established in the year of 1958. The company’s headquarter is located in the United Kingdom. FMC Technologies, Inc. has even deeper historical roots through its parent company. It originated from FMC Corporation, which was founded in 1884 in California as the Food Machinery Corporation. FMC Technologies was officially spun off from FMC Corporation in 2001, with a focus on providing subsea production systems, surface wellhead systems, and fluid control equipment for oil and gas exploration and production. The company established itself as a leader in subsea systems and deepwater production technology. In May 2016, the two companies announced a merger agreement to create a combined firm capable of offering integrated solutions for the oil and gas industry. The merger was finalized in January 2017, forming TechnipFMC plc. The new company combined Technip’s strength in onshore and offshore EPC projects with FMC Technologies’ expertise in subsea systems, creating a comprehensive service offering for energy producers globally. In February 2021, TechnipFMC completed a significant demerger by spinning off its engineering and construction operations into a new, independent company called Technip Energies. Technip Energies took over projects related to liquefied natural gas (LNG), hydrogen, and sustainable chemistry, focusing on energy transition initiatives. TechnipFMC, after the demerger, refocused its business on subsea production systems and related services for oil and gas developments.
6	Sales Area	Worldwide
7	Manufacturing Location	UK, United States, Angola, Singapore, Brazil, and Malaysia.
8	Ticker	NYSE: FTI
9	No. of Employees	25,304 (As of 31^st December, 2024)
10	CEO	Arnaud Pieton
11	Ownership Type	Public
12	Contact Information	Hadrian House, Wincomblee Rd, Walker, Newcastle upon Tyne NE6 3PL, United Kingdom Tel: +44 191 296 7000

Business Segment or Overview

TechnipFMC plc company deals with business segments such as subsea & surface technologies.

Subsea Segment: This segment delivers integrated design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, infrastructure, and pipeline systems in oil and gas production and transportation. It leads in front-end engineering and design (FEED), subsea production systems (SPS), subsea umbilicals, risers, and flowlines (SURF), and subsea robotics, leveraging a fleet of 16 specialized vessels. Its unique iEPCI model integrates SPS and SURF for efficient subsea architecture and faster time to first oil, while iFEED influences project design early. The Subsea portfolio includes SPS, subsea processing, flexible, rigid, and hybrid-flexible pipelines, and a wide range of umbilical systems. Schilling Robotics designs and manufactures subsea ROVs and tooling systems. Subsea Studio is a digital platform linking data, technology, and expertise across the field lifecycle. After project delivery, aftermarket services (iLOF) optimize asset performance, recovery, and uptime through maintenance, asset integrity, production management, and digital solutions.

Surface Technologies Segment: This segment designs, manufactures, and services integrated products and systems for conventional and unconventional oil and gas, carbon transport and storage, hydrogen storage, and geothermal production. It offers drilling and completion systems, surface wellheads, production trees, and services for geothermal and CO2 applications. The iComplete system integrates pressure control for stimulation markets, enhanced with digital solutions like CyberFrac for safety, efficiency, and predictive analytics. The segment provides flexible pipe products (Coflexip, PumpFlex, WellFlex, PadFlex) and is a top supplier of flowline equipment, including Chiksan and Weco products, and services like mobile inspections, tracking, and repair. Its digital systems, UCOS and InsiteX, manage asset control, analytics, and support digital twins to improve safety, reduce downtime, and boost operational efficiency.

TechnipFMC also utilizes Saturation Diving as part of its subsea operations, enabling divers to work at significant depths for extended periods while maintaining safety and efficiency. This technique is essential for complex subsea installation, inspection, maintenance, and repair tasks where remotely operated vehicles (ROVs) alone aren’t sufficient. By keeping divers under constant pressure in a controlled environment, TechnipFMC ensures safe, reliable access to deepwater infrastructure, supporting its comprehensive life of field services.

Swasti Dharmadhikari

Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynam…

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Profile Details

Author Swasti Dharmadhikari
Published 29 May 2025
Last Updated 29 May 2025
Reading Time~5 minutes
CoverageSWOT, Financials, Key Employees, History

- 1.1 About TechnipFMC plc
- 1.2 Key Facts
- 1.3 Key Employees
  - 1.3.1 Key Employee Biographies
- 1.4 History
- 1.5 Locations & Subsidiaries
  - 1.5.1 Head Office
  - 1.5.2 Other Locations & Subsidiaries
- 2.1 Company Overview
- 2.2 Business Segments
- 2.3 R&D Overview
- 2.4 Brands
- 2.5 Key Company Statistics
- 2.6 Key Financials (2015–2019)
- 2.7 Share Holder Analysis
- 2.8 Regional Presence
- 2.9 Services Offered
- 3.1 Strengths
- 3.2 Weaknesses
- 3.3 Opportunities
- 3.4 Threats
- 3.5 Key Competitors
- 4.1 Company Metrics
- 4.2 Key Investors
- 4.3 Recent Funding & Valuation
- 4.4 Historical Funding & Valuation
- 5.1 Acquisitions
- 5.2 Partnerships
- 6.1 Latest News & Announcements
- 6.2 Strategic Initiatives
- 7.1 Summary of Findings
- 7.2 Strategic Recommendations

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TechnipFMC plc Company Profile