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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.
The all-share deal would result in a new company named TechnipFMC with a market value of about $13 billion. [4] [5] 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 ...
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.
FMC Corporation is an American chemical manufacturing company headquartered in Philadelphia, Pennsylvania, which originated as an insecticide producer in 1883 and later diversified into other industries.
The company was established as a producer of a modular plant in Tyler, Texas, United States in 1981. [2] It was first listed on the London Stock Exchange in 2005. [2] In 2010, it bought a 20 percent share in the Gateway storage scheme, an undersea cavern for gas storage. [4]
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.
BJ Services Company was a leading worldwide provider of pressure pumping and oilfield services for the petroleum industry.Pressure pumping services consist of cementing and stimulation services used in the completion of new oil and natural gas wells and in remedial work on existing wells, both onshore and offshore.