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TechnipFMC was formed through the merger of FMC Technologies Inc. and French oil-services Technip SA. On January 17, 2017, TechnipFMC announced that it is operating as a unified company after completion of the merger, which created a significant new player in an energy industry wracked by a nearly two-year slump in crude prices.
The all-share deal would result in a new company named TechnipFMC with a market value of about $13 billion. [4] [5] TechnipFMC has three headquarters in Houston, Paris, and London under new Houston-based CEO Doug Pferdehirt, who worked as FMC’s chief operating officer. Former Technip chairman and CEO Thierry Pilenko is the new executive ...
On May 19, 2016, it was announced that FMC Technologies would team up with French Technip to create a new company called TechnipFMC. After the approval of regulatory authorities, TechnipFMC began operating as a unified company in Jan 17, 2017. The all-share deal resulted in a company with a market value of about $13 billion. [9]
The Coral do Atlantico is the third of TechnipFMC's (FTI) pipelay support vessels to be hired by Petrobras on a long-term charter in 2021, showing higher demand for flexibles in the Brazilian market.
TechnipFMC PLC (NYSE: FTI ), a provider of surface equipment for onshore wells, is well-positioned to take advantage of favorable industry shifts that should result in a tripling of deepwater ...
TechnipFMC (FTI) is developing a patent-pending, autonomous subsea production system, which would position it for potential offshore licensing for seabed minerals on the NCS and elsewhere.