You might also like
TechnipFMC is a global leader in energy projects, technologies, systems, and services, specializing in solutions for the oil and gas industry. The company designs, manufactures, and delivers innovative products and systems that support offshore and onshore exploration and production of crude oil and natural gas. Its offerings include subsea production systems, surface wellheads, and advanced monitoring solutions, catering to major integrated oil companies, national oil companies, and independent producers worldwide.
- Subsea - Designs and manufactures subsea production and processing systems, provides installation and commissioning services, and offers integrated project execution (iEPCI™) and front-end engineering design (iFEED™) solutions for deepwater oil and gas production.
- Surface Technologies - Develops and delivers surface wellheads, tree systems, pressure control equipment, and real-time monitoring solutions like E-Mission™, supporting land-based and shallow water oil and gas production. Also includes new energy initiatives such as CO2 injection systems and hydrogen wellheads.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Douglas J. Pferdehirt ExecutiveBoard | Chair and Chief Executive Officer | None | CEO since 2017 merger; became Chair in 2019. Former COO of FMC Technologies and spent 26 years at Schlumberger. Expertise in energy, strategy, and ESG. | View Report → |
Alf Melin Executive | Executive Vice President and CFO | None | CFO since 2021. Previously SVP of Finance Operations and Surface Americas at TechnipFMC. Expertise in financial leadership and compliance. | |
Cristina Aalders Executive | EVP, Chief Legal Officer, and Secretary | None | Joined in 2019. Promoted to Chief Legal Officer in 2023. Former Chief Compliance Officer. Expertise in governance and compliance. | |
David Light Executive | SVP, Controller, and Chief Accounting Officer | None | Appointed CAO in 2023. Former VP of Internal Audit and Controls. CPA with expertise in financial reporting and compliance. | |
Jonathan Landes Executive | President, Subsea | None | President of Subsea since 2020. Former SVP of Subsea Commercial. Expertise in subsea operations and energy transition. | |
Justin Rounce Executive | EVP and Chief Technology Officer | None | CTO since 2018. Leads technology development and industrialization efforts. Former President at Schlumberger. | |
Luana Duffé Executive | EVP, New Energy Business | None | EVP of New Energy since 2021. Previously VP of Subsea Projects and Brazil Country Manager. Expertise in subsea strategy and energy transition. | |
Nisha Rai Executive | EVP, People and Culture | None | EVP since 2021. Former VP of Total Rewards. Expertise in HR and organizational leadership. | |
Thierry Conti Executive | President, Surface Technologies | None | President of Surface Technologies since 2022. Former SVP of Subsea Commercial & Strategy. Expertise in surface technologies and safety programs. | |
Claire S. Farley Board | Lead Independent Director | Board Member at LyondellBasell Industries and Crescent Energy | Director since 2017. Former Vice Chair of Energy at KKR. Expertise in oil and gas, strategy, and governance. | |
Eleazar de Carvalho Filho Board | Director | Director at Brookfield Renewable, Oi S.A., and Companhia Brasileira de Distribuição | Director since 2017. Founding partner of Virtus BR Partners. Expertise in finance and governance. | |
John O’Leary Board | Director | None | Director since 2017. CEO of Strand Energy. Expertise in oil and gas, strategy, and governance. | |
John Yearwood Board | Director | Director at Nabors Industries and Vast Renewables | Director since 2019. Former executive in oil and gas. Expertise in strategy, technology, and governance. | |
Kay G. Priestly Board | Director | Director at SSR Mining and Stericycle | Director since 2017. Former CEO of Turquoise Hill Resources. Expertise in finance, mining, and governance. | |
Margareth Øvrum Board | Director | Board Member at FMC Corporation, Harbour Energy, and Transocean | Director since 2020. Former EVP at Equinor. Expertise in technology, energy transition, and governance. | |
Robert G. Gwin Board | Director | Director at Crescent Energy | Director since 2023. Former President of Anadarko Petroleum. Expertise in energy, finance, and M&A. | |
Sophie Zurquiyah Board | Director | CEO of CGG S.A. | Director since 2021. CEO of CGG. Former executive at Schlumberger. Expertise in geoscience, technology, and sustainability. |
- Given the tightness in the vessel market, especially for SURF activities, how confident are you in executing your iEPCI projects without facing capacity constraints that could impact project timelines and growth targets?
- With a significant portion of your Subsea orders coming from Petrobras, how are you addressing the risk of over-reliance on a single client or geography, and what steps are you taking to diversify your customer base?
- Considering that 50% of your Subsea backlog is scheduled to ship beyond 2025, how representative is your 2025 margin outlook for margins in 2026 and beyond, and what factors could influence margin sustainability?
- Improvements in offshore rig efficiency, such as faster drilling in regions like Guyana, could potentially reduce project durations; how might this trend affect your well count, project execution, and revenue projections?
- With the substantial increase in your share repurchase authorization and plans to nearly double shareholder distributions, how are you ensuring that this capital return strategy is sustainable without compromising future growth investments or financial flexibility?
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
Competes in the supply of various components and services of subsea development and also in surface production equipment and pressure control products. | |
Dril-Quip, Inc. | Competes in the supply of various components and services of subsea development. |
McDermott International, Inc. | Competes in the supply of various components and services of subsea development. |
Competes in the supply of various components and services of subsea development. | |
Competes in the supply of various components and services of subsea development. | |
Competes in the supply of various components and services of subsea development and also in surface production equipment and pressure control products. | |
Subsea 7 S.A. | Competes in the supply of various components and services of subsea development. |
Competes in the supply of surface production equipment and pressure control products. | |
Competes in the supply of surface production equipment and pressure control products. | |
Gardner Denver, Inc. | Competes in the supply of surface production equipment and pressure control products. |
Competes in the supply of surface production equipment and pressure control products. | |
SPM Oil & Gas | Competes in the supply of surface production equipment and pressure control products. |
| Customer | Relationship | Segment | Details |
|---|---|---|---|
Petrobras | Procurement of subsea production equipment and engineering, procurement, construction, and installation services | Subsea | Accounted for 16% of 2023 consolidated revenue. |
No recent press releases or 8-K filings found for FTI.