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Technipfmc Plc  (NYSE: FTI)

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Description of Technipfmc Plc's Business Segments


TechnipFMC Plc Overview

TechnipFMC Plc is a leading technology and engineering company serving the oil and gas, energy, and chemical industries globally. The company operates across three main segments: Subsea Technologies, Surface Technologies, and Energy Infrastructure. Each segment focuses on providing a suite of products and services tailored to their respective clientele, leveraging a combination of advanced technology and engineering expertise.



1. Subsea Technologies

Subsea Technologies designs, engineers, and manufactures critical products and systems used in offshore oil and gas exploration and production. This segment caters primarily to deepwater initiatives, where complexity and environmental factors demand high-performance solutions.

Principal Products and Services

- Subsea Systems:
- Integral to offshore production, these systems control the flow of oil and gas from underwater wells to processing facilities.
- Equipment includes subsea trees, manifold systems, seabed templates, flowline connectors, and wellheads, all engineered to operate under extreme conditions.
- Resilient designs endure hydrostatic pressures reaching 15,000 psi and temperatures exceeding 350°F.

- Integrated Subsea Solutions:
- Embrace initial engineering design studies through to comprehensive management of manufacturing, assembly, and testing processes.
- Technical capabilities extend to project management and global procurement, ensuring operational excellence from design to deployment.

- Installation and Workover Support:
- Professional service technicians provide installation assistance and ongoing field support for commissioning and maintenance of systems.
- The light well intervention system is a key tool for undertaking well workover and intervention tasks effectively.



Surface Technologies

Surface Technologies focuses on products and services for oil and gas exploration and production activities across land and offshore environments. This segment addresses both standard and critical surface applications, ensuring operational efficiency and safety.

Principal Products and Services

- Surface Wellheads:
- Full range of wellhead systems and production trees designed for various applications, including standard service and critical service scenarios.
- Equipments provide essential regulation and control of oil and gas flows, with configurations that accommodate extreme climates.

- Integrated Shale Services:
- Advanced hydraulic fracturing manifolds, trees, and flowback equipment facilitate timely oilfield completion.

- Fluid Control Systems:
- Flowline products, especially under the Weco® and Chiksan® brands, serve major oilfield service firms for completion and stimulation activities.
- A diverse pump product line includes Duplex, Triplex, and Quintuplex pumps suited for demanding applications.



Energy Infrastructure

The Energy Infrastructure segment encompasses solutions related to the measurement and transfer of fluids, ensuring efficient and secure operations in the energy sector.

Principal Products and Services

- Measurement Solutions:
- Advanced systems enable accurate custody transfer of crude oil, natural gas, and refined products.
- Incorporates high-tech measurement technology with electronic controls to verify ownership and compliance with revenue and tax requirements.

- Fluid Loading Systems:
- Land and marine-based loading solutions for various fluids, including crude oil and liquefied natural gas (LNG), facilitate efficient logistics.
- Systems designed for fixed jetty platforms or flexible arrangements for ship-to-ship loading operations.

- Material Handling Solutions:
- Innovative bulk conveying systems for various industries, particularly power generation, providing tailored handling solutions through expert project management and design capabilities.

- Blending and Transfer Systems:
- Comprehensive engineering, design, and construction management for blending technology applications across multiple manufacturing sectors, including lubricants and chemicals.

- Separation Systems:
- Advanced technology for separating oil, gas, sand, and water from production flows more efficiently than conventional methods through spiral flow dynamics.

- Direct Drive Systems (DDS):
- Manufacturing of high-performance permanent magnet motors and components aimed at energy applications, including gas pipelines and offshore platforms.
- Notable for their compact design, efficiency, and reliability under demanding conditions.



Conclusion

TechnipFMC is positioned as a crucial player in the global energy landscape, providing innovative solutions designed to meet the complex demands of the oil and gas sectors. Through its expert knowledge and advanced engineering capabilities, the company continually enhances operational efficiency and safety across its diverse portfolio of products and services.


Composition of Technipfmc Plc Revenues by Segments

 
Services    48.52 % of total Revenue
Products    48.43 % of total Revenue
Subsea    88.59 % of total Revenue
Subsea Services    45.98 % of total Revenue
Subsea Products    41.44 % of total Revenue
Subsea Latin America    35.34 % of total Revenue
Subsea Europe and Central Asia    17.96 % of total Revenue
Subsea Africa    16.16 % of total Revenue
Subsea North America    11.25 % of total Revenue
Subsea Asia Pacific    5.5 % of total Revenue
Subsea Middle East    2.39 % of total Revenue
Surface Technologies    11.41 % of total Revenue
Surface Technologies Services    2.54 % of total Revenue
Surface Technologies Products    6.99 % of total Revenue
Surface Technologies Latin America    0.75 % of total Revenue
Surface Technologies Europe and Central Asia    1.19 % of total Revenue
Surface Technologies Africa    0.43 % of total Revenue
Surface Technologies North America    4.61 % of total Revenue
Surface Technologies Asia Pacific    0.81 % of total Revenue
Surface Technologies Middle East    3.62 % of total Revenue

Q1 three months ended (Mar 31 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
Services 1,209.40 48.52 %
Products 1,207.20 48.43 %
Subsea 2,208.40 88.59 %
Subsea Services 1,146.20 45.98 %
Subsea Products 1,033.00 41.44 %
Subsea Latin America 880.80 35.34 %
Subsea Europe and Central Asia 447.70 17.96 %
Subsea Africa 402.80 16.16 %
Subsea North America 280.40 11.25 %
Subsea Asia Pacific 137.20 5.5 %
Subsea Middle East 59.50 2.39 %
Surface Technologies 284.30 11.41 %
Surface Technologies Services 63.20 2.54 %
Surface Technologies Products 174.20 6.99 %
Surface Technologies Latin America 18.80 0.75 %
Surface Technologies Europe and Central Asia 29.60 1.19 %
Surface Technologies Africa 10.60 0.43 %
Surface Technologies North America 114.90 4.61 %
Surface Technologies Asia Pacific 20.10 0.81 %
Surface Technologies Middle East 90.30 3.62 %
Total 2,492.70 100 %




Q1 three months ended (Mar 31 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
Services -7.25 % -
Products 39.05 % -
Subsea 14.06 % -
Subsea Services -7.56 % -
Subsea Products 52.25 % -
Subsea Latin America 40.19 % -
Subsea Europe and Central Asia -7.06 % -
Subsea Africa 59.84 % -
Subsea North America -3.74 % -
Subsea Asia Pacific -45.23 % -
Subsea Middle East 83.64 % -
Surface Technologies -4.4 % -
Surface Technologies Services -1.4 % -
Surface Technologies Products -8.17 % -
Surface Technologies Latin America -8.74 % -
Surface Technologies Europe and Central Asia 4.59 % -
Surface Technologies Africa 41.33 % -
Surface Technologies North America -1.2 % -
Surface Technologies Asia Pacific -11.45 % -
Surface Technologies Middle East -11.47 % -
Total 11.6 % -




Q1 three months ended (Mar 31 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Total 259.90 10.43 %




Q1 three months ended (Mar 31 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Total 81.37 % -




Annual Report on Technipfmc Plc Divisions, Sales by Country

 
Subsea   Subsea Segment contribution to total sales 87.25 % of total Revenue
Subsea Latin America   Subsea Latin America Segment contribution to total sales 31.24 % of total Revenue
Subsea Europe and Central Asia   Subsea Europe and Central Asia Segment contribution to total sales 21.99 % of total Revenue
Subsea Africa   Subsea Africa Segment contribution to total sales 12.49 % of total Revenue
Subsea North America   Subsea North America Segment contribution to total sales 11.37 % of total Revenue
Subsea Asia Pacific   Subsea Asia Pacific Segment contribution to total sales 7.44 % of total Revenue
Subsea Middle East   Subsea Middle East Segment contribution to total sales 2.71 % of total Revenue
Surface Technologies   Surface Technologies Segment contribution to total sales 12.75 % of total Revenue
Surface Technologies Latin America   Surface Technologies Latin America Segment contribution to total sales 0.91 % of total Revenue
Surface Technologies Europe and Central Asia   Surface Technologies Europe and Central Asia Segment contribution to total sales 1.36 % of total Revenue
Surface Technologies Africa   Surface Technologies Africa Segment contribution to total sales 0.59 % of total Revenue
Surface Technologies North America   Surface Technologies North America Segment contribution to total sales 4.43 % of total Revenue
Surface Technologies Asia Pacific   Surface Technologies Asia Pacific Segment contribution to total sales 0.96 % of total Revenue
Surface Technologies Middle East   Surface Technologies Middle East Segment contribution to total sales 4.51 % of total Revenue
Service revenue   Service revenue Segment contribution to total sales 56.81 % of total Revenue
Product revenue   Product revenue Segment contribution to total sales 40.25 % of total Revenue
Subsea Service revenue   Subsea Service revenue Segment contribution to total sales 54.13 % of total Revenue
Subsea Product revenue   Subsea Product revenue Segment contribution to total sales 32.05 % of total Revenue
Surface Technologies Service revenue   Surface Technologies Service revenue Segment contribution to total sales 2.68 % of total Revenue
Surface Technologies Product revenue   Surface Technologies Product revenue Segment contribution to total sales 8.2 % of total Revenue
Subsea segments   Subsea segments Segment contribution to total sales 87.25 % of total Revenue
Surface Technologies segments   Surface Technologies segments Segment contribution to total sales 12.75 % of total Revenue
Brazil   Brazil Segment contribution to total sales 21.73 % of total Revenue
United States   United States Segment contribution to total sales 14.46 % of total Revenue
Norway   Norway Segment contribution to total sales 13.85 % of total Revenue
United Kingdom   United Kingdom Segment contribution to total sales 8.46 % of total Revenue
Guyana   Guyana Segment contribution to total sales 7.54 % of total Revenue
Angola   Angola Segment contribution to total sales 5.39 % of total Revenue
Australia   Australia Segment contribution to total sales 3.93 % of total Revenue
Nigeria   Nigeria Segment contribution to total sales 3.29 % of total Revenue
Indonesia   Indonesia Segment contribution to total sales 3.28 % of total Revenue
Israel   Israel Segment contribution to total sales 2.7 % of total Revenue
Mozambique   Mozambique Segment contribution to total sales 2.18 % of total Revenue
United Arab Emirates   United Arab Emirates Segment contribution to total sales 2.16 % of total Revenue
Saudi Arabia   Saudi Arabia Segment contribution to total sales 1.97 % of total Revenue
Suriname   Suriname Segment contribution to total sales 1.32 % of total Revenue
All other countries   All other countries Segment contribution to total sales 7.73 % of total Revenue


Twelve months ended 2025
FTI s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Subsea 8,665.90 87.25 %
Subsea Latin America 3,103.00 31.24 %
Subsea Europe and Central Asia 2,184.60 21.99 %
Subsea Africa 1,240.90 12.49 %
Subsea North America 1,129.50 11.37 %
Subsea Asia Pacific 738.90 7.44 %
Subsea Middle East 269.00 2.71 %
Surface Technologies 1,266.70 12.75 %
Surface Technologies Latin America 90.30 0.91 %
Surface Technologies Europe and Central Asia 135.20 1.36 %
Surface Technologies Africa 58.60 0.59 %
Surface Technologies North America 439.80 4.43 %
Surface Technologies Asia Pacific 95.30 0.96 %
Surface Technologies Middle East 447.50 4.51 %
Total 9,932.60 100 %
Service revenue 5,642.60 56.81 %
Product revenue 3,997.90 40.25 %
Subsea Service revenue 5,376.90 54.13 %
Subsea Product revenue 3,183.60 32.05 %
Surface Technologies Service revenue 265.70 2.68 %
Surface Technologies Product revenue 814.30 8.2 %
Subsea segments 8,665.90 87.25 %
Surface Technologies segments 1,266.70 12.75 %
Brazil 2,158.30 21.73 %
United States 1,435.90 14.46 %
Norway 1,375.50 13.85 %
United Kingdom 840.20 8.46 %
Guyana 748.90 7.54 %
Angola 535.60 5.39 %
Australia 390.80 3.93 %
Nigeria 326.90 3.29 %
Indonesia 325.70 3.28 %
Israel 268.00 2.7 %
Mozambique 216.70 2.18 %
United Arab Emirates 214.30 2.16 %
Saudi Arabia 196.10 1.97 %
Suriname 131.50 1.32 %
All other countries 768.20 7.73 %


Twelve months ended 2025
FTI s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Total 967.10 9.74 %

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Subsea 10.82 % -
Subsea Latin America 23.81 % -
Subsea Europe and Central Asia 9.28 % -
Subsea Africa 1.82 % -
Subsea North America -20.81 % -
Subsea Asia Pacific 27.7 % -
Subsea Middle East 195.28 % -
Surface Technologies 0.26 % -
Surface Technologies Latin America -6.52 % -
Surface Technologies Europe and Central Asia 7.81 % -
Surface Technologies Africa 20.08 % -
Surface Technologies North America -6.6 % -
Surface Technologies Asia Pacific -1.95 % -
Surface Technologies Middle East 5.42 % -
Total 9.35 % 13.07 %
One Project - -
Service revenue 2.21 % -
Product revenue 20.43 % -
Subsea Service revenue 1.09 % -
Subsea Product revenue 31.1 % -
Surface Technologies Service revenue 31.73 % -
Surface Technologies Product revenue -8.65 % -
Subsea segments 10.82 % -
Surface Technologies segments 0.26 % -
Brazil 26.17 % -
United States -18.69 % -
Norway 19.46 % -
United Kingdom -2.64 % -
Guyana -5.88 % -
Angola -35.44 % -
Australia 11.66 % -
Nigeria 188.02 % -
Indonesia 92.95 % -
Israel 196.79 % -
Mozambique 121.8 % -
United Arab Emirates 9.9 % -
Saudi Arabia 4.2 % -
Suriname 1677.03 % -
All other countries 1.6 % -
Subsea Europe Central Asia - -
Surface Technologies Europe Central Asia - -
Ghana - -
Malaysia - -



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