TechnipFMC

NYSE: FTI

Updated Mar 29, 2026

Profile compiled and reviewed by the Houston Oil Companies Data Team from public filings and company sources.

Oilfield Services · Subsea & Engineering

TechnipFMC

FTI

TechnipFMC is a global leader in subsea and surface technologies for the oil and gas industry, headquartered in Houston.

Founded: 2017 (merger)
Employees: 25,000+
Revenue: $8 billion (2023)
HQ: Houston, TX

Subsea SystemsSubsea TreesiEPCISubsea Processing

TechnipFMC plc is a global leader in subsea and surface technologies for the energy industry. Formed in 2017 from the merger of Technip and FMC Technologies, the company is headquartered in Houston and is the world's leading provider of subsea systems. TechnipFMC designs, manufactures, and services subsea production and processing systems, surface wellheads, and Christmas trees.

Headquarters

Houston, TX

Founded

2017 (merger)

Employees

25,000+

Revenue

$8 billion (2023)

CEO

Doug Pferdehirt

Website

technipfmc.com

History of TechnipFMC

TechnipFMC was formed in January 2017 from the merger of Technip (a French engineering company) and FMC Technologies (a Houston-based subsea equipment maker). In 2023, the company completed the spin-off of its surface technologies business as Expro Group, focusing TechnipFMC entirely on subsea and integrated projects.

Operations & Business Segments

TechnipFMC operates through two segments: Subsea and Surface Technologies. The subsea segment provides integrated subsea solutions including subsea production systems, subsea processing, and iEPCI (integrated engineering, procurement, construction, and installation). The company is a pioneer in subsea boosting, processing, and compression technologies.

Headquarters Location

Houston, TX

Key Specialties & Capabilities

Subsea SystemsSubsea TreesiEPCISubsea ProcessingFlexible PipesDeepwater Engineering

Frequently Asked Questions About TechnipFMC

What does TechnipFMC do?▾

TechnipFMC is the world's leading provider of subsea technologies, designing and manufacturing subsea production systems, Christmas trees, and integrated engineering solutions for deepwater oil and gas production.

Where is TechnipFMC headquartered?▾

TechnipFMC is headquartered in Houston, Texas. The company was incorporated in the UK but moved its principal offices to Houston.

What is iEPCI?▾

iEPCI stands for integrated Engineering, Procurement, Construction, and Installation. It is TechnipFMC's approach to delivering complete subsea projects under a single contract, which reduces cost and timeline for operators.

What does TechnipFMC do in Houston?▾

TechnipFMC is a oilfield services company based in Houston, TX. TechnipFMC is a global leader in subsea and surface technologies for the oil and gas industry, headquartered in Houston.

Where is TechnipFMC headquartered?▾

TechnipFMC is headquartered in Houston, TX, founded in 2017 (merger). The company operates in Houston's energy corridor as part of the oilfield services sector.