Function International Ltd. (FTI.R)

Overview

TechnipFMC plc is a global leader in energy projects, technologies, systems, and services, with operations spanning across Europe, Central Asia, North America, Latin America, Asia Pacific, Africa, and the Middle East. The company functions through two main segments: Subsea and Surface Technologies. Both segments play a crucial role in the exploration and production of oil and gas, offering a comprehensive range of products, services, and solutions designed to ensure efficiency, safety, and innovation in the field. Established in 1884, TechnipFMC has its headquarters in Houston, Texas, symbolizing a storied history of excellence and a continuous drive toward pioneering advancements in the energy sector.

Products and Services

• Subsea Production and Processing Systems:

  These systems encompass the design, engineering, manufacture, and installation of infrastructure necessary for oil and gas production beneath the sea. TechnipFMC is at the forefront of developing technologies that optimize the extraction and transportation of subsea resources, highlighting its capability in enhancing field productivity and minimizing environmental impact.

• Flexible Pipe Systems:

  TechnipFMC's flexible pipe solutions are engineered for the highly demanding environments of subsea oil and gas production, offering durability, reliability, and adaptability across various applications, including oil production, gas lift, and water injection.

• Subsea Umbilicals, Risers, and Flowlines (SURF):

  SURF products are crucial components in connecting subsea systems to surface facilities, enabling the efficient transportation of fluids. TechnipFMC's expertise in this area ensures the seamless delivery of technologically advanced SURF solutions tailored to meet specific project requirements.

• Surface Wellhead and Production Tree Systems:

  These systems are vital for controlling the flow of oil or gas from wells, with TechnipFMC's offerings including advanced technology to enhance the safety, efficiency, and reliability of onshore and shallow water drilling and production operations.

• iComplete:

  iComplete is TechnipFMC's integrated pressure control system designed to improve operational efficiency and safety in hydraulic fracturing operations through state-of-the-art technology solutions that consolidate equipment and processes.

• Fracturing Tree and Manifold Systems:

  Designed for the high-pressure demands of fracturing operations, these systems provide robust and reliable control, enabling operators to optimize production safely and efficiently.

• Flow Measurement and Automation Solutions:

  TechnipFMC supplies advanced metering solutions that assure accurate flow measurement and operational efficiency, catering to a broad range of industry needs for monitoring and managing the flow of hydrocarbon fluids.

• Skid Systems:

  These pre-engineered, modular systems are designed for quick integration into existing operations, offering flexibility, cost-effectiveness, and ease of installation for a variety of oil and gas applications.

• Multiphase Meter Modules, In-line Separation, and Processing Systems:

  These offerings are at the cutting edge of separating and processing technologies, ensuring the effective separation of oil, gas, and water for processing, measurement, and disposal, highlighting TechnipFMC's commitment to efficient resource management and environmental protection.