Technip Energies N.V. is a French engineering and technology company for the energy industry and chemicals sector. It is a spin-off of TechnipFMC. Technip Energies was established in 2021 as a spinoff of multinational energy company TechnipFMC, itself the result of a merger between French group Technip and American company FMC Technologies. In August 2019, TechnipFMC CEO Doug Pferdehirt announced that TechnipFMC would be split into two independent engineering companies: a dedicated technology and services company, to retain the TechnipFMC name, and an engineering and construction business renamed Technip Energies. In January 2021, Technip Energies CEO Arnaud Piéton announced plans for an initial public offering and committed to demonstrate to shareholders that the organization could operate independently of TechnipFMC. The TechnipFMC spilt became effective the following month. The spinoff was completed on 12 February 2021. More information...
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