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TechnipFMC

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Douglas J. Pferdehir's photo - Chairman & CEO of TechnipFMC

Chairman & CEO

Douglas J. Pferdehir

CEO Approval Rating

59/100

Founded:

2017

Status:

PublicIndependent CompanyNYSEFTI

TECHNIPFMC TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

TechnipFMC's company profile
Douglas J. Pferdehir's photo - Chairman & CEO of TechnipFMC

Douglas J. Pferdehir

Chairman & CEO

59/100
35,086
$168.7M
$10.1B
View Profile
1
TechnipFMC's Competitor - Baker Hughes logo
Lorenzo Simonelli's photo - Chairman & CEO of Baker Hughes

Lorenzo Simonelli

Chairman & CEO

70/100
66,000
$3B
$20.5B
View Profile
2
TechnipFMC's Competitor - Dril-Quip logo
Blake T. DeBerry's photo - President & CEO of Dril-Quip

Blake T. DeBerry

President & CEO

81/100
2,019
$120M
$340.6M
View Profile
3
TechnipFMC's Competitor - Subsea 7 logo
John Evans's photo - CEO of Subsea 7

John Evans

CEO

64/100
5,153
- -
$4.2B
View Profile
4
TechnipFMC's Competitor - KBR logo
Stuart J. B. Bradie's photo - President & CEO of KBR

Stuart J. B. Bradie

President & CEO

57/100
37,500
$473.6M
$5.8B
View Profile
5
TechnipFMC's Competitor - Carboline logo
CEO Avatar

CEO

- -
132
- -
$45M
View Profile
6
TechnipFMC's Competitor - Bibby Offshore logo
CEO Avatar

CEO

- -
202
- -
$13.1M
View Profile
7
TechnipFMC's Competitor - Suncor Energy logo
Mark Little's photo - President & CEO of Suncor Energy

Mark Little

President & CEO

85/100
12,591
- -
$25.4B
View Profile
8
TechnipFMC's Competitor - Linde Engineering logo
Jason Cooper's photo - President & CEO of Linde Engineering

Jason Cooper

President & CEO

84/100
- -
View Profile
9
TechnipFMC's Competitor - Shell logo
Ben van Beurden's photo - CEO of Shell

Ben van Beurden

CEO

68/100
87,000
- -
$210.6B
View Profile
10
TechnipFMC's Competitor - Aker Solutions logo
Kjetel Digre's photo - CEO of Aker Solutions

Kjetel Digre

CEO

65/100
14,800
- -
$3.8B
View Profile
11
TechnipFMC's Competitor - JGC logo
Masayuki Sato's photo - Chairman & CEO of JGC

Masayuki Sato

Chairman & CEO

82/100
7,371
- -
$3.9B
View Profile
12
TechnipFMC's Competitor - Jacobs Engineering logo
CEO Avatar

CEO

- -
- -
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Missing a competitor? Contribute!

Baker Hughes is TechnipFMC's biggest rival. Baker Hughes was founded in 1987, and is headquartered in Houston, Texas. Like TechnipFMC, Baker Hughes also works within the Oil & Gas Equipment & Services sector. Baker Hughes generates $10.4B more revenue vs. TechnipFMC.

Dril-Quip is one of TechnipFMC's top competitors. Dril-Quip's headquarters is in Houston, Texas, and was founded in 1981. Dril-Quip competes in the Oil & Gas Exploration, Production, Sales industry. Dril-Quip generates 3.38% of TechnipFMC's revenue.

Subsea 7 is seen as one of TechnipFMC's top competitors. Subsea 7 is a Public company that was founded in 2002 in Luxembourg, Luxembourg. Like TechnipFMC, Subsea 7 also works within the Oil & Gas Equipment & Services sector. Compared to TechnipFMC, Subsea 7 has 29,933 fewer employees.

TechnipFMC Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$10.1B

TechnipFMC's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 25.9B. Over the last four quarters, TechnipFMC's revenue has decreased by 50%. Specifically, in Q2 2021's revenue was $1.7B; in Q1 2021, it was $1.6B; in Q4 2020, it was $3.4B; in Q3 2020, TechnipFMC's revenue was $3.3B.

TechnipFMC Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Magma Global Limited

Oct 2021

Source »
undisclosed
Magma Global designs and manufactures subsea pipes for subsea exploration and production.

-

Epicerol

Mar 2018

Source »
undisclosed
-

-

Island Offshore Subsea AS

Feb 2018

Source »
undisclosed
-

-

Wellhead Exploration Equipment and Services Business, Plexus Holding plc

Oct 2017

Source »
$20M
-
Kanfa Group

Jun 2017

Source »
$235.8K
KANFA is an engineering company that provides offshore process design and facility development for the oil and gas industry.

These are all the companies that TechnipFMC has acquired. TechnipFMC has acquired 5 companies and its latest acquisition was Magma Global Limited in Oct 2021. Magma Global designs and manufactures subsea pipes for subsea exploration and production.

TechnipFMC Funding History

Since TechnipFMC was founded in 2017, it has participated in 1 round of funding. In total TechnipFMC has raised $168.7M. TechnipFMC's funding round was on Jun 2020 for a total of $168.7M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Jun 2020
$168.7M
-

Since TechnipFMC was founded in 2017, it has participated in 1 round of funding. In total TechnipFMC has raised $168.7M. TechnipFMC's funding round was on Jun 2020 for a total of $168.7M

TechnipFMC Investments

No recent investments found related to TechnipFMC

TechnipFMC News

October 19, 2021Hydrocarbon Processing

Technip and TV Rheinland partner to expand project management consultancy services

Technip Energies and TÜV Rheinland have signed a strategic alliance to offer project management consu... See more »
October 19, 2021Energy Global News

TALOS AND TECHNIPFMC TO DEVELOP CCS PROJECTS ALONG TO US GULF COAST

Talos Energy and TechnipFMC have entered into a long-term strategic alliance to develop and deliver t... See more »
October 19, 2021privateequitywire

BGF exits Magma Global

BGF exits Magma Global Submitted 19/10/2021 - 9:35am BGF has made a successful exit from Magma Global... See more »
October 19, 2021Offshore Technology

TechnipFMC forms carbon capture and storage alliance with Talos Energy

TechnipFMC and Talos Energy have agreed to jointly develop technical and commercial solutions to carb... See more »
October 15, 2021World Pipelines

TechnipFMC completes Magma Global acquisition

TechnipFMC originally acquired an interest in Magma, a provider of composite pipe technology, in 2018... See more »
October 13, 2021Energy Global News

TECHNIPFMC AWARDED LONG-TERM CONTRACT BY PETROBRAS FOR CORAL DO ATLANTICO

TechnipFMC has been awarded a substantial (between $250 million and $500 million) long-term charter a... See more »
September 30, 2021FinanzNachrichten

TechnipFMC Announces Extension of Its Previously Announced Note Tender Offer

Regulatory News: TechnipFMC plc (NYSE: FTI) (Paris: FTI) (the "Company") announced today the extensio... See more »

TechnipFMC Press Releases

July 30, 2021centralcharts

Total Voting Rights and Share Capital

Regulatory News: TechnipFMC plc (the "Company") (NYSE:FTI) (PARIS:FTI) (ISIN: GB00BDSFG982) announces... See more »
April 27, 2021Oil and Gas Press

TechnipFMC retains a stake of 31% of the share capital of Technip Energies

TechnipFMC announces the sale of 25 million Technip Energies shares (the "Shares"), representing ca. ... See more »
October 21, 2020Business Wire

TechnipFMC annonce ses rsultats du troisime trimestre 2020

LONDRES & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News : TechnipFMC plc (NYSE : FTI) (Paris : FT... See more »
October 15, 2020Oil and Gas Press

TechnipFMC making an equity investment in McPhy

TechnipFMC signed a Memorandum of Understanding (MoU) with McPhy (EPA:MCPHY), a leading manufacturer ... See more »
October 5, 2020News n Releases

TechnipFMC shuffles executive leadership | NewsnReleases

LONDON: TechnipFMC announced that Arnaud Pieton has been named President and CEO-elect, Technip Energ... See more »
July 31, 2020StreetInsider

Total Voting Rights and Share Capital

31 July 2020 LONDON & PARIS & HOUSTON--(BUSINESS WIRE)-- Regulatory News: TechnipFMC plc (the Company... See more »

TechnipFMC Videos

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TechnipFMC Headquarters

One St. Paul’s Churchyard

London, EnglandEC4M 8AP

44-203-429-3950

Driving Directions »

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TechnipFMC Summary

ABOUT

Overview

TechnipFMC is a provider of subsea engineering, construction and field development services for the offshore energy industry. TechnipFMC was founded in 2017. TechnipFMC's headquarters is located in London, England, GB EC4M 8AP. TechnipFMC's Chairman ...

CEO

TechnipFMC's Chairman & CEO, Douglas J. Pferdehir, currently has an approval rating of 59%. TechnipFMC's primary competitors are Baker Hughes, Dril-Quip & Subsea 7.

Frequently Asked Questions about TechnipFMC

  1. When was TechnipFMC founded?

    TechnipFMC was founded in 2017
  2. Who is TechnipFMC's CEO?

    TechnipFMC's CEO is Douglas J. Pferdehir
  3. How much revenue does TechnipFMC generate?

    TechnipFMC generates $10.1B in revenue
  4. How much funding does TechnipFMC have?

    TechnipFMC has historically raised $168.7M in funding
  1. Where is TechnipFMC's headquarters?

    TechnipFMC's headquarters is in London England, GB
  2. How many employees does TechnipFMC have?

    TechnipFMC has 35,086 employees
  3. What sector does TechnipFMC operate in?

    TechnipFMC is in Oil & Gas Equipment & Services
  4. Who are TechnipFMC's competitors?

    TechnipFMC's top competitors are Baker Hughes, Dril-Quip, Subsea 7