TechnipFMC plc (FTI) is a global company operating in the energy sector, within the oil and gas equipment, services and engineering industry. The company provides technologies and solutions for offshore and onshore energy development.

Its main areas of activity include:

• Subsea equipment and offshore production systems.
• Engineering, procurement and project management services.
• Integrated solutions for oil and gas field development.
• Technologies supporting energy infrastructure and optimization.

TechnipFMC delivers products and services used in exploration, drilling, production and transportation of oil and natural gas, with a strong focus on subsea systems and offshore operations.

The company operates globally, with activities across North America, Europe, Africa, the Middle East, Asia-Pacific and Latin America. Its structure includes engineering centers, manufacturing facilities, offshore-service teams, R&D units and project-management divisions.

Industry dynamics affecting TechnipFMC include oil and gas prices, capital expenditure cycles of energy companies, offshore investment trends, technological innovation, energy-transition policies, competition within the oilfield-services sector and supply-chain conditions.

Shares of TechnipFMC plc trade on the New York Stock Exchange (NYSE) under the ticker FTI.

History and Development

TechnipFMC was formed in 2017 through the merger of Technip S.A. and FMC Technologies, combining engineering expertise with subsea equipment capabilities.

The merger created a company positioned to deliver integrated solutions across the full lifecycle of energy projects, particularly in offshore environments.

In its early years as a combined entity, TechnipFMC focused on integrating operations, optimizing its portfolio and strengthening its presence in subsea technologies.

In 2021, the company completed the spin-off of Technip Energies, separating its engineering and technology business from subsea operations and allowing greater strategic focus.

In recent years, TechnipFMC has operated in a market shaped by fluctuating energy prices, renewed offshore investment and increasing demand for efficient production systems.

Additional Information

TechnipFMC PLC (United States) is listed on the NYSE and has a market capitalization of $27.69 billion, with shareholders equity totaling $3.28 billion.

The company employs approximately 38.297 people and operates in the Energy sector, within the Oil Well Services and Equipment industry.

Over the past 12 months, TechnipFMC PLC reported $10.42 billion in revenue, generating net income of $1.18 billion.

Key financial metrics include a P/E ratio of 23.56, a price-to-book (P/B) ratio of 8.45, and a trailing twelve-month dividend yield of 0.29%.

The company trades under the ticker FTI.