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TechnipFMC was formed through the merger of FMC Technologies Inc. and French oil-services Technip SA. On January 17, 2017, TechnipFMC announced that it is operating as a unified company after completion of the merger, which created a significant new player in an energy industry wracked by a nearly two-year slump in crude prices.
TechnipFMC has three headquarters in Houston, Paris, and London under new Houston-based CEO Doug Pferdehirt, who worked as FMC’s chief operating officer. Former Technip chairman and CEO Thierry Pilenko is the new executive chairman. [3] In August 2019, Doug Pferdehirt announces that TechnipFMC will be split into two independent engineering ...
On May 19, 2016, it was announced that FMC Technologies would team up with French Technip to create a new company called TechnipFMC. After the approval of regulatory authorities, TechnipFMC began operating as a unified company in Jan 17, 2017. The all-share deal resulted in a company with a market value of about $13 billion. [9]
Technip Energies, unlike TechnipFMC, will not focus on upstream—oil exploration and production—development projects, but instead largely on design and construction of large-scale projects to liquify and ship natural gas, as well as refinery bio-conversion projects, carbon capture, and hydrogen.
KBR was contracted to lead the work with a scope that covered offsite facilities and interconnecting units within the expansion This followed ExxonMobil's earlier contract with TechnipFMC PLC for EPC services on four new units, including an atmospheric pipe still, hydrotreater units, and a benzene recovery system. [14]
Bechtel Corporation (/ ˈ b ɛ k t əl /) is an American engineering, procurement, construction, and project management company founded in San Francisco, California in 1898, and headquartered in Reston, Virginia.
Offices in The Hague, Netherlands. McDermott International, Ltd is a global provider of engineering and construction solutions to the energy industry. Operating in over 54 countries, McDermott has more than 30,000 employees, as well as a diversified fleet of specialty marine construction vessels and fabrication facilities around the world.
Cognite's Notable customers have included Aker BP, BP, Saudi Aramco, Alfa Laval, Statnett, Mitsubishi Heavy Industries, [9] [2] [10] and TechnipFMC. [4] In 2021, Cognite raised $150 million in a Series B investment by TCV. According to the 2021 report of Nasdaq, Cognite was valued at $1.6 billion. [1] [11]