TechnipFMC (FTI) Sector
Energy

(Current) $29.00
0.15 (0.52%) Open Price: 28.77

 

TechnipFMC is a multinational energy company headquartered in London, UK, with operations in over 48 countries. The company was formed in 2017 through the merger of Technip, a French engineering and construction firm, and FMC Technologies, an American equipment and service provider for the energy industry. The merger aimed to create a global leader in subsea, onshore, offshore, and surface technologies for the energy industry. TechnipFMC provides services to the oil and gas industry, including subsea, surface, and onshore projects.

 

TechnipFMC operates in three segments: Subsea, Onshore/Offshore, and Surface Technologies. The Subsea segment provides services related to the exploration and production of oil and gas reserves under the ocean floor. The Onshore/Offshore segment provides services to oil and gas production facilities on land and offshore. The Surface Technologies segment provides equipment and services used in the drilling and completion of oil and gas wells, as well as production and transportation.

 

TechnipFMC went public in January 2017, following the merger of Technip and FMC Technologies. The company is listed on both the New York Stock Exchange and the Euronext Paris Stock Exchange under the ticker symbol "FTI."

 

The company has a significant presence in the energy industry, providing services to customers around the world. Its clients include major oil and gas companies, such as Chevron, BP, and ExxonMobil. TechnipFMC has a strong focus on innovation and technology, with a commitment to developing sustainable solutions for the energy industry. The company has been involved in several major projects, including the expansion of the Tengiz oil field in Kazakhstan and the development of the Coral South Floating LNG project in Mozambique.

 



 

(11/19/24) $28.77
(11/21/24) $28.85
(11/21/24) (Qty.)2,669,885
(11/19/24) $28.20
(11/19/24) $28.82
(11/03/24) $26.29
(11/10/24) $29.49
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