TechnipFMC plc

TechnipFMC is a global company that provides projects, technologies, systems, and services for the oil and natural gas industry. Its business is organized into two segments: Subsea and Surface Technologies. The Subsea segment handles design, engineering, procurement, manufacturing, fabrication, installation, and life-of-field services for subsea systems, including subsea production systems, subsea processing systems, subsea umbilicals, risers and flowlines, and vessels. It also offers drilling, installation, intervention, plug and abandonment, maintenance, asset integrity, production management, robotics, and a digital platform called Subsea Studio. The Surface Technologies segment designs and manufactures products and systems for land and shallow water exploration and production, such as surface wellheads, production trees, iComplete pressure control systems, fracturing tree systems, valves, manifold systems, flexible pipes, safety and integrity systems, multiphase meter modules, and compact ball valves. It also provides planning, testing, installation, commissioning, operations, replacement, upgrade, and maintenance services.

TechnipFMC plc is listed on the New York Stock Exchange (NYSE) under the ticker symbol FTI. Its shares are traded in US Dollars (USD). The company is headquartered in the United Kingdom, but its primary listing is on the NYSE, which is a major US stock exchange. This allows investors in the United States and globally to trade the stock in USD. The company's financial reporting is also in US dollars, aligning with its listing currency.

TechnipFMC operates in the Energy sector, specifically within the Oil & Gas Equipment & Services industry. This means the company provides equipment, technology, and services used in the exploration, production, and transportation of oil and natural gas. Unlike oil producers that extract resources, TechnipFMC supplies the infrastructure and systems needed for those operations, such as subsea production systems, surface wellheads, and pipeline systems. Its work supports both offshore (subsea) and onshore (surface) oil and gas projects, making it a key player in the energy supply chain.

TechnipFMC plc is headquartered in the United Kingdom, but it operates globally. The company's description indicates it provides services and technologies for oil and natural gas projects worldwide. Its Subsea segment serves offshore projects, including deepwater and subsea field infrastructure, while the Surface Technologies segment focuses on land and shallow water operations. The company's global reach includes regions such as the US (as indicated by the region 'us' in its data), Europe, and other oil-producing areas. Its clients are likely major oil and gas companies involved in exploration and production across various geographies.

TechnipFMC generates revenue through two main business segments: Subsea and Surface Technologies. The Subsea segment earns money by providing integrated project management, engineering, procurement, construction, and installation services for subsea oil and gas infrastructure. This includes manufacturing subsea production systems, umbilicals, risers, flowlines, and providing vessels for installation and intervention. The Surface Technologies segment generates revenue by designing and manufacturing equipment for land and shallow water drilling and production, such as wellheads, production trees, valves, and flexible pipes, as well as offering related services like planning, testing, installation, and maintenance. The company's business model is project-based and service-oriented, with recurring revenue from life-of-field services and maintenance contracts.