TechnipFMC is a leading technology provider in the traditional and new energy sectors, specializing in project management, engineering, and construction for the energy industry. The company delivers fully integrated projects, products, and services, focusing on subsea, offshore, and onshore oil and gas developments. With a workforce of approximately 38,000 people, TechnipFMC operates in 48 countries and has advanced industrial assets across all continents, including a fleet of specialized vessels for pipeline installation and subsea construction. The company's expertise enables it to address various energy challenges while promoting carbon intensity reduction and supporting clients' energy transition goals. TechnipFMC emerged from the 2017 merger of Technip and FMC Technologies, establishing itself as the largest pure-play offshore oilfield service provider, offering comprehensive solutions that encompass subsea equipment and engineering services, as well as surface equipment for onshore oil and gas wells.
Orbital Marine Power Limited specializes in the development and commercialization of floating tidal stream and run-of-river hydrokinetic turbines. The company focuses on reducing the costs associated with installation, maintenance, and decommissioning to make tidal energy more economically viable. Its product lineup includes the SR250, a 250 kW prototype, the Orbital O2, a 2 MW commercial turbine, and the SR2000, designed for fast tidal current areas. Founded in 2002 and based in Kirkwall, United Kingdom, Orbital Marine Power was formerly known as Scotrenewables Tidal Power Ltd. The company has established itself as a leading developer of tidal turbine technology, with extensive testing of various scale models to optimize energy capture from tidal currents, thereby contributing to the global transition away from fossil fuels and promoting lower-cost clean energy solutions.
Magma Global
Acquisition in 2021
Magma Global Ltd. specializes in designing and manufacturing advanced subsea pipes, particularly its flagship product, m-pipe, which is engineered for demanding applications such as risers, jumpers, and flowlines in deepwater environments. The company’s offerings include carbon fiber and composite pipes, which possess anti-corrosion properties and high fluid flow rates, facilitating the efficient transfer of hydrocarbons, gas, and water. Additionally, Magma provides pipe rental services and solutions for light well intervention and freestanding risers. With a global reach, Magma serves the oil and gas industries and collaborates strategically with TechnipFMC. Founded in 2008 and headquartered in Portsmouth, United Kingdom, Magma Global also maintains offices in the United States, Angola, and Saudi Arabia.
FMC Technologies
Acquisition in 2017
FMC Technologies is a prominent global provider of technology solutions specifically tailored for the energy sector, particularly within the oil and gas industry. The company specializes in designing, manufacturing, and servicing advanced systems and products, including subsea production and processing systems, surface wellhead systems, high-pressure fluid control equipment, measurement solutions, and marine loading systems. Its innovative technology services enhance exploration, drilling, and development efforts in offshore oil and gas fields. By offering subsea separation, boosting, and processing systems, FMC Technologies enables clients to maximize oil recovery from both mature and new projects, addressing the increasing demand for deepwater oil and gas production.
Hummingbird Technology
Acquisition in 2016
Hummingbird Technology manufacture, supply, and distribution of chemicals.
Inocean
Acquisition in 2014
Inocean is a privately held company specializing in naval architecture and engineering services for the energy sector. The firm offers comprehensive support throughout various phases of project development, including concept development, feasibility studies, and due diligence. Inocean also conducts risk reviews and site management, ensuring compliance with relevant standards. Its expertise extends to the design of substations, as well as installation supervision and maintenance services for marine and offshore projects.
Technip Zimmer
Acquisition in 2014
Technip Zimmer includes technologies for the processing of polyesters and polyamides, research and development facilities.
Shaw Energy & Chemicals
Acquisition in 2012
Shaw Energy & Chemicals is a privately held company provides project-related services, including design, engineering and construction.
Stone & Webster process technologies
Acquisition in 2012
Stone & Webster process technologies is a privately held company that provides downstream technology solution.
CyXplus
Acquisition in 2012
CyXplus is a privately held company that designs, develops, manufactures, and markets non-destructive testing and measurement equipment.
Global Industries
Acquisition in 2011
Global Industries is a privately held company that provides construction and subsea services to the offshore oil and gas industry.
Cybernetix Ventures
Acquisition in 2011
Cybernetix Ventures, established in 2022 and headquartered in Boston, Massachusetts, is a venture capital firm specializing in early-stage investments. It focuses on robotics, automation, and artificial intelligence startups, primarily in the United States, Canada, and Europe. The firm's portfolio spans various industries, including manufacturing, logistics, construction, and healthcare, with a particular interest in emerging technologies like cloud robotics, autonomy, and edge computing. Cybernetix Ventures leverages its expertise and global network to support its portfolio companies, fostering innovation and growth in these sectors.
Technip-EPG B.V.
Acquisition in 2008
Technip-EPG B.V is specialized engineering company with notably strength in the oil and gas and petrochemical sectors.
Technip USA
Acquisition in 1999
Technip USA is a privately held company that provides engineering and construction contracting services to subsea facilities.
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