TechnipFMC plc (NYSE: FTI)

TechnipFMC plc is a leading technology provider to the traditional and new energy industries delivering fully integrated projects products and services. The company designs engineers manufactures installs and services equipment for offshore and onshore oil and gas development.

Revenue comes from the sale of integrated engineering procurement and construction contracts from the sale of subsea and surface equipment and from aftermarket services such as maintenance and lifecycle support.

The company operates through the following segments Subsea and Surface Technologies.

• The Subsea segment provides integrated design engineering procurement manufacturing fabrication installation and life of field services for subsea systems subsea field infrastructure and subsea pipeline systems used in oil and natural gas production and transportation. It offers subsea production systems subsea processing systems subsea umbilicals risers and flowlines specialized vessels robotics and digital platforms such as Subsea Studio.

• The Surface Technologies segment designs manufactures and services fully integrated products and systems for onshore and shallow water exploration and production of oil and gas as well as equipment supporting carbon transport hydrogen storage and geothermal projects. Its portfolio includes drilling and completion systems surface wellheads and production trees stimulation and pressure pumping equipment flexible pipe flowline well control and integrity systems separation solutions standard pumps and a full suite of lifecycle services.

TechnipFMC holds a strong position in the energy services sector due to its ability to deliver fully integrated solutions that combine front end engineering subsea production and installation under a single contract. Key competitors in the subsea market include Baker Hughes OneSubsea Saipem and Subsea 7 while in the surface market the company faces competition from Baker Hughes Cactus Wellhead SLB Halliburton Delta US Corporation and SPM Oil & Gas. The company's competitive advantages stem from its proprietary technology its integrated project execution model iEPCI and its digital offerings such as Subsea Studio and CyberFrac.

The company serves major integrated oil companies national oil companies independent exploration and production companies and various oilfield service firms. Although specific customer names are not disclosed the firm notes that two different customers each accounted for over ten percent of consolidated revenue in 2025 and that its client base exceeds forty distinct entities.