Leading the way in project integration and subsea technologies.
Driving change in the Energy Industry
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With over 50 years working in close partnership with our clients, and with more projects delivered world wide than anyone else, TechinpFMC is the most experienced organization in the industry. Every experience we’ve had along the way, large and small, has led us to here. We’ve learnt invaluable lessons from each and every one of them; every roaring success, and the occasional failure too. Every project we deliver teaches us something we can put to use to enhance, improve and ultimately solve tomorrow’s challenges. We’ve learnt that long term partnerships based on a collaborative mindset and transparency builds trust.
Early engagement between parties creates mutual understanding of the optimum requirements and solutions for a field development. Our execution model based on technological leadership and integration excellence enables us to identify, standardize and simplify the solution and ensures our clients' fields are developed on time and at cost.
We manage and deliver the entire process, from A to Z. Our approach to an integrated project is that it must be based on transparency and trust, and it must be a fully collaborative effort. It is absolutely critical that we are able to involve all expertise from both supplier and client, in order to mitigate risk and optimize schedule. The way we see it, an integrated project always entails a one system under one roof approach; from engineering, through manufacturing and installation through our fleet of vessels.
Through early engagement and in close collaboration with our clients, we deliver fully integrated engineering, procurement, construction and installation of subsea systems for our clients field development. This enables the client/supplier project management team to assume ownership and hands on management of every step of the process, from concept through delivery and beyond. As a result, information flow is optimized, project timelines are met and, ultimately, goals are achieved.
For over 50 years, TechnipFMC have challenged conventions. It’s in our DNA to challenge the established. We have continuously pushed the perceived boundaries for depth, temperature and pressure and, as a result, operated where it was previously thought impossible. As the complexity of fields has evolved and increased, we have adapted and found new solutions to new challenges. As a result, we have built a portfolio of products and services enabling us to understand and solve the challenges facing the industry and our clients today. This understanding forms the basis of our ability to identify, standardize and simplify the solution to increasingly complex challenges and field designs.
The end goal of our technology leadership is always the same; to enable optimal field development and maximize production. How? By effective project execution through configurable products, enabling successful development of any field.
Here is what we do to make it happen
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We've faced every challenge the ocean may throw at us, and our 22.000 employees have been tasked with solving virtually every problem the oil and gas sector has seen over the past five decades.
As the most experienced provider in fully integrated projects, we continue to deliver sustainable cost saving and streamlined project execution through iEPCI offering.
Our technology and innovations are setting the industry standard. We are continuously pushing the boundaries and challenging conventions of what technology can achieve. We design, develop, integrate and industrialize technologies and innovations that move the industry forward.
Read on to learn more about TechnipFMC and how we lead the way in project integration and technology.
Streamlined problem solving
Pushing boundaries
With over 50 years of experience in subsea operations, at TechnipFMC we’ve always gone the extra mile to earn our position as integration experts and technology leader. We have faced every challenge the ocean may throw at us, and our 22.000 employees have been tasked with solving virtually every problem the oil and gas sector has seen over the past 5 decades.
As the most experienced provider in fully integrated projects, we continue to deliver sustainable cost saving and streamlined project execution through our iEPCI offering.
Our technology and innovations are setting the industry standard. We are continuously pushing the boundaries and challenging conventions of what technology can achieve. We design, develop, integrate and industrialize technologies and innovations that move the industry forward.
Read on to learn more about TechnicFMC and how we lead the way in project integration and technology.
Now, we are expanding our all-electric offerings, or eSolutions, to address the current challenges of the market.
We are partnering with clients as part of a joint industry program (JIP) to develop an all-electric subsea tree. Leveraging our field-proven electric actuators and connected to the host through an electric umbilical, this solution will fully eliminate hydraulics from the field and reduce equipment footprint to minimize environmental impact.
We are also supporting our clients’ energy transition ambitions by pursuing the electrification of subsea fields. This approach, which calls for all-electric products and systems, will provide significant reductions in total cost of ownership, lead time, and emissions throughout the life of the field. It will also enable longer tiebacks to unlock fields that may not otherwise be deemed economical.
Electrification is not a new area of focus for us; we introduced our first electric actuator 20 years ago. Since then, it has been used in hundreds of applications around the world.
Reduce emissions while maximizing production
We are partnering with clients to advance all-electric solutions that drive innovation and move the industry forward.
eSolutions™
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We have developed our Subsea 2.0™ Configure-to-Order (CTO) program to work with the industry to drive down costs and lead times. By simplifying and standardizing critical components, products, and processes, we are able to industrialize our Subsea offerings through configured-to-order products and systems that meet client, field, and industry specifications.
It’s the best of both worlds, combining custom configurations with the safety and reliability of standardized parts and processes.
It's your tree. Configured to order.
Subsea 2.0™ CTO offers the best of both worlds, combining a custom configured tree with the safety and reliability of standardized parts and processes.
We drive value through partnerships in every aspect of our business, leveraging shared knowledge for maximum impact.
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Subsea 2.0™ CTO
iEPCI™ simplifies development and installation, reduces risk, and aligns complementary technologies to accelerate time to first oil and gas. These projects are partnerships based on knowledge sharing and mutual trust. Adopting our integrated model allows our clients to become more nimble and agile. Success is based on early engagement and a collaborative, cooperative approach.
TechnipFMC was founded in 2017 with the belief that we could drive sustainable value for our clients by working together, in close collaboration, to optimize the subsea scope. Now, we lead the industry in integrated projects, as the first and only subsea partner to design, build, install, and service vertically integrated systems from the wellhead to the platform, utilizing our owned fleet of vessels.
A partnership built on knowledge sharing and mutual trust
As the most experienced provider in fully integrated project execution, we build on early engagement and collaboration to streamline project execution and deliver sustainable cost savings for our clients through our iEPCI™ offering.
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iEPCI™
Subsea Services
We believe that data-driven intelligence can enrich all aspects of our business, including Subsea Services, where our digitally enabled services gain actionable insight on the producing asset, enabling faster, and more effective, decisions.
We’ve been present in subsea since its inception. We have an industry-leading install base for both SPS and SURF that reflects the breadth of our experience, enabling us to deliver a longer term service life to support the producing assets.
Our Subsea Services portfolio maximizes the performance of our clients’ well and asset operations. We integrate technology, tools, and service teams to improve performance and extend the life of the well.
Our integrated technology and digitally enabled operations can enhance productivity and uptime across the entire life of field.
Maximize uptime and production
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We are advancing the industry’s digital transformation with the introduction of Subsea Studio™, which connects data, technology, and expertise to optimize the development, execution, and operation of current and future subsea fields. It establishes a data flow throughout the project lifecycle, fostering real-time collaboration around reliable, accessible data models.
With the digitalization of the subsea sector well underway, we are dedicated to providing actionable intelligence that empowers informed decision-making through data.
With Subsea Studio™, we have gathered over 50 years of our experience in subsea technologies and operations into a powerful portfolio of digital solutions. Subsea Studio™ combines our experience with our clients’ invaluable knowledge of each specific project, ensuring a tailor-made approach to the entire life-of-field.
50 years of experience at your fingertips
We've digitalized 50 years of experience to optimize the execution of subsea field developments.
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Subsea Studio™
We believe one of the safest and most efficient storage locations is offshore, where the carbon can be maintained in naturally occurring reservoirs. To get it there safely, reliably and efficiently, we will offer a fully integrated carbon transportation and storage system. Our scope will begin at the central gathering station, where the CO2 will be compressed and monitored throughout
the process and will end at the injection well.
Our goal is to be a key enabler of the offshore renewable industry. To get there, we will leverage our subsea and surface expertise and continue collaborating with energy companies and technology providers to bring to market innovative solutions that are best-suited for offshore application. The capture (of greenhouse gasses) industry is maturing, but two important questions remain: Where are we going to store it? And how will we get it there?
CO2 Transportation
& Storage
Eventually, we are able to capture greenhouse gas. But where are we going to store it? And how will we get it there? We believe one of the safest and most efficient storage locations is offshore.
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CO2 Transportation & Storage
Market projections makes floating wind a natural opportunity for our company. First, the skills needed to develop these large infrastructure projects are closely aligned to our track record in subsea. Second, we are exploring new technologies that could benefit from our standardization mindset to bring scalability. And third, we are leveraging our extensive experience in project integration - perhaps our strongest point of differentiation. We see strong integration potential across offshore renewable markets. For example, by combining wind and wave, or wind and hydrogen (as in Deep Purple TM), we could maximize energy generation and efficiency.
Ocean wind as an energy source has become well established over the last decade and is now the lowest cost energy source in some countries. This industry is built on bottom-fixed wind turbines that are typically installed in shallow waters and close to shore. We are focused on floating wind applications instead. We contributed to one of the two first floating wind projects ever; Equinor’s Hywind project in Scotland.
We aspire to position TechnipFMC as the leader of the floating renewables industry. And by that, we mean both floating wind-, wave- and tidal powerplants. First off is offshore wind energy production.
Floating Renewable
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Floating Renewable
Deep Purple™ is our first step into the future of offshore energy. It is an ambitious solution for integrating renewable energy with hydrogen to form a complete, zero-emission offshore energy system. It can be configured to a specific energy demand and application, and includes power generation, seawater treatment, electrolysis, hydrogen storage and re-electrification.
Hydrogen will without doubt play a very important role in bringing reliability, stability, and efficiency to renewable sources. In simple terms, green hydrogen is produced through the electrolysis of water powered by renewable energy. It can be used for the decarbonization of heavy industry, domestic heating, the transportation sector, or converted to other zero-emission fuels.
We believe hydrogen will become a crucial energy carrier for the storage and transportation of energy.
Hydrogen
Deep Purple™
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Hydrogen - Deep Purple™
Oil and gas remains an important part of the energy supply mix, and we will continue to develop technologies to reduce emissions.
But with more than 70% of the world’s surface covered by water, we believe that offshore is the next frontier for the Energy Transition, with opportunities in Wind, wave and tidal energy, green hydrogen and carbon transportation and storage.
More energy, less emissions.
We push boundaries and challenge conventions to find more effective ways of developing energy resources.
Offshore Energy is sustainable energy.
This is offshore energy at TechnipFMC
Hadrian House, Wincomblee Road, Newcastle Upon Tyne, United Kingdom, NE6 3PL
Registered in England and Wales
Registered No. 09909709
TechnipFMC plc
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