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TechnipFMC

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TechnipFMC PLC
Company typePublic limited company
IndustryOil & Gas
PredecessorTechnip
FMC Technologies
Founded2017; Technip (1958), FMC Technologies (2001)
HeadquartersLondon, United Kingdom (legal domicile / headquarters)
Area served
Worldwide
Key people
Thierry Pilenko Executive Chairman
Douglas Pferdehirt CEO
ProductsOffshore, onshore & subsea Project management, engineering, procurement & construction for the energy industry
RevenueUS$13 billion
375,900,000 United States dollar (2022) Edit this on Wikidata
−107,200,000 United States dollar (2022) Edit this on Wikidata
Number of employees
44,000
Websitewww.technipfmc.com

TechnipFMC plc is a UK-based company that provides complete project life cycle services (conception, feasibility study, front end engineering, detailed engineering, procurement, construction, commissioning, test runs, maintenance & decommissioning) for the energy industry. TechnipFMC was ranked 23rd among world's Top 225 International Design Firms in the year 2017 by Engineering News-Record.[1] It was formed by the merger of FMC Technologies of the United States and Technip of France[2] that was announced in 2016 and completed in 2017. TechnipFMC acts in three distinct segments: subsea, Offshore[3] /Onshore[4] and surface projects. These projects include offshore oil and gas exploration and extraction platforms, rigs, crude oil refinery, petrochemical plants such as Ethylene,[5] Hydrogen, SynGas plants, Naptha, Benzene etc. plastics & rubber industry, fertiliser plant, onshore as well as floating LNG plants. It is headquartered in London, and has major operations in Houston and Paris where its predecessor companies were headquartered. It has 44,000 employees from 126 nationalities and operates in 48 countries. TechnipFMC stock is listed on the NYSE and Euronext Paris exchange, and is a component of both the US S&P 500 and the French CAC 40 major stock market indices. The French government owns 4 percent stake in the company.[6]

History

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 company has three headquarters in Houston, Paris and London. The CEO is Doug Pferdehirt and the executive chairman is Thierry Pilenko.[7]

Through 2016-2017 the TechnipFMC fleet expanded with the addition of four pipe-laying vessels (PLSVs) constructed under the DOF-Technip partnership, two foreign (Skandi Açu and Skandi Buzios) and two Brazilians (Skandi Olinda and Skandi Recife).[8] Another ship who entered operations was the Deep Explorer, one of the most advanced diving support vessels (DSV) in the world.[9]

Organization

Technip was certified as one of the first five companies in the world as a Global Top Employer 2015 which recognizes first-class employee offerings globally and equally, so TechnipFMC holds those credentials.[10]

Recent Projects

Types of contracts

TechnipFMC has capability to execute following types of projects:

  • Detailed Engineering
  • Engineering, Procurement
  • Engineering, Procurement & Construction
  • Engineering, Procurement & Construction Management
  • Project Management Consultancy

Fleet of Vessels

TechnipFMC owns and operates 21 vessels and 4 are under construction. These large vessels are used for installation of subsea oil extraction systems on the seabed. They are of four categories;[17]

1.Flexible-lay & Construction Vessels

  • Deep Orient
  • Skandi Africa
  • North Sea Atlantic

2.Diving & multi support Vessels

  • Deep Arctic[18]
  • Deep Explorer
  • Wellservicer

3.Rigid S-Lay & heavy lift Vessels

  • Global 1200
  • Global 1201

4.Rigid Reel-lay & J-Lay Vessels

  • Apache II
  • Deep Blue
  • Deep Energy

Manufacturing Plants

TechnipFMC designs and manufactures Umbilical cable and flexible pipes. It has flexible pipe manufacturing plants in France, Brazil and Malaysia. It operates umbilical production facilities in UK, United States, Angola and Malaysia.[19]TechnipFMC has started Modular Manufacturing Yard at Dahej in Gujarat state of India in 2017.[20]

Operating Centres

TechnipFMC has centres in various cities of the world.

Africa[21]

  • Algeria
  • Angola
  • Cameroon
  • Congo
  • Egypt
  • Gabon
  • Ghana
  • Mozambique
  • Nigeria
  • Tunisia

Asia, Australia and Middle East[22]

Europe

  • Bulgaria
  • Finland
  • Paris, Lyon, France[25]
  • Frankfurt, Germany
  • Greece
  • Italy
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Spain
  • United Kingdom

North America

South America

  • Argentina
  • Brazil
  • Colombia
  • Venezuela

See also

References

  1. ^ http://www.enr.com/toplists/2017-Top-225-International-Design-Firms-1?__prclt=0Rrph7eE
  2. ^ "FMC Technologies, Technip to merge". Offshore Magazine. 2016-05-19. Retrieved 2017-05-29.
  3. ^ http://www.technip.com/en/our-business/offshore
  4. ^ http://www.technip.com/en/our-business/onshore/onshore
  5. ^ http://www.technip.com/en/our-business/onshore/ethylene
  6. ^ "French election set to shake up state's corporate portfolio". Reuters. 2014-04-21. Retrieved 2017-04-26.
  7. ^ "TechnipFMC launches as newly merged offshore giant | Fuel Fix". fuelfix.com. Retrieved 2017-02-27.
  8. ^ "PLSV Skandi Vitória and Skandi Niterói in new contracts with Petrobras". www.dof.no. Retrieved 2017-02-26.
  9. ^ admin (2016-11-14). "Technip introduces new diving support vessel Deep Explorer". Technip. Retrieved 2017-02-26.
  10. ^ admin (2016-02-26). "Technip certified Global Top Employer for the second consecutive year". Technip. Retrieved 2017-02-27.
  11. ^ http://abarrelfull.wikidot.com/trestakk-oil-field
  12. ^ http://www.technipfmc.com/en/media/press-releases
  13. ^ http://www.technipfmc.com/en/media/press-releases
  14. ^ <iframe src="https://www.facebook.com/plugins/post.php?href=https%3A%2F%2Fwww.facebook.com%2FTechnipFMC%2Fposts%2F1374630645950903&width=500" width="500" height="558" style="border:none;overflow:hidden" scrolling="no" frameborder="0" allowTransparency="true"></iframe>
  15. ^ http://www.technip.com/en/press/technip-awarded-%E2%82%AC100-million-onshore-oil-gas-terminal-project-ongc-india
  16. ^ http://www.technipfmc.com/en/media/news
  17. ^ http://www.technip.com/en/our-business/fleet-facilities/vessels
  18. ^ <iframe src="https://www.facebook.com/plugins/video.php?href=https%3A%2F%2Fwww.facebook.com%2FTechnipFMC%2Fvideos%2F1430205863726714%2F&show_text=0&width=560" width="560" height="315" style="border:none;overflow:hidden" scrolling="no" frameborder="0" allowTransparency="true" allowFullScreen="true"></iframe>
  19. ^ http://www.technip.com/en/our-business/fleet-facilities/manufacturing-plants
  20. ^ http://www.theoilandgasyear.com/news/technipfmc-inaugurates-india-yard/
  21. ^ http://www.technip.com/en/discover/main-locations-country
  22. ^ http://www.technip.com/en/entities/asia-pacific/technip-offices-asia-pacific-region
  23. ^ http://www.technip.com/en/locations/south-east-asia
  24. ^ http://www.technip.com/en/locations/russia
  25. ^ http://www.technip.com/en/locations/france
  26. ^ http://www.technip.com/en/locations/canada
  27. ^ http://www.technip.com/en/locations/usa
  • Official website
  • Business data for TechnipFMC:
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