TechnipFMC plc FTI
TechnipFMC plc (FTI) is a global leader in the energy industry, specializing in the design, manufacture, and installation of subsea and surface technologies for oil and gas production. The company operates through two primary segments: Subsea and Surface Technologies. The Subsea segment provides integrated engineering, procurement, construction, and installation services for subsea systems, including flexible pipes, umbilicals, and control systems, utilizing a fleet of specialized vessels. The Surface Technologies segment offers pressure control equipment, wellhead systems, and related services for onshore and offshore drilling and production operations. The company serves major energy producers worldwide, delivering comprehensive solutions that enhance the efficiency and safety of hydrocarbon extraction and processing. Its business model is project-based, generating revenue from long-term contracts for equipment sales, services, and leasing, supported by a significant order backlog and a global workforce operating across six continents.
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