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FTI Stock - FMC Technologies Inc.


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FMC Technologies Inc. logo

TechnipFMC plc operates within the oil and gas sector, spanning diverse regions including Europe, Central Asia, North and Latin America, Asia Pacific, Africa, and the Middle East. The company is structured into two principal segments: Subsea and Surface Technologies, each focusing on distinct facets of oil and gas project execution and technology solutions.

The Subsea segment specializes in comprehensive offerings from design and engineering to procurement, fabrication, installation, and lifecycle support services for subsea systems and infrastructure. These include subsea production and processing systems, umbilicals, risers, flowlines, and vessels. TechnipFMC's Subsea Studio enhances operational efficiency by optimizing the development and operation of subsea fields, bolstering its capabilities in well and asset services, research, engineering, manufacturing, and supply chain management.

In contrast, the Surface Technologies segment concentrates on products and systems crucial for land and shallow water exploration and production of crude oil and natural gas. This encompasses drilling and completion systems, surface wellheads, production trees, and digital solutions such as iComplete for enhanced pressure control. The segment further provides a range of services including pressure pumping, well service pumps, safetysystems, multiphase metering, flowback services, and automation solutions.

Established in 1884 and headquartered in Newcastle Upon Tyne, United Kingdom, TechnipFMC plc has cultivated strategic alliances, such as with Talos Energy Inc., aimed at advancing technical and commercial solutions for Carbon Capture and Storage projects. With a rich history and a global footprint, the company remains committed to innovation and sustainability in the energy industry, continuously evolving its offerings to meet the dynamic demands of its diverse clientele worldwide.

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Stock Sector: Energy: Oil & Gas Equipment & Services

 

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