What are Mission Vision & Core Values of TechnipFMC Company?

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What drives the company's strategic direction?

Mission and vision statements are the strategic bedrock for any enterprise, articulating its fundamental purpose and aspirational future. For a global technology provider, these statements are crucial for navigating complex market dynamics and fostering business success. They act as a compass guiding business decisions and shaping corporate identity.

As a key player delivering fully integrated projects and services, the company's mission, vision, and core values ensure alignment across global operations. These principles are vital as the company aims to enhance project economics and contribute to the energy transition.

What are the Mission, Vision, and Core Values of the company?

The TechnipFMC mission focuses on transforming client project economics within the energy sector, encompassing both traditional and new energy. This involves leveraging the company's extensive scope, know-how, and determination to deliver integrated projects, products, and services globally, from initial concept through to project completion. The aim is to enhance efficiency, reduce costs, and accelerate project schedules for clients.

Client-Centric Approach

TechnipFMC's mission is deeply rooted in addressing client needs, aiming to improve their financial outcomes on projects.

Integrated Solutions

The company provides comprehensive, end-to-end solutions, from design to delivery, across various energy segments.

Global Reach

Operations span multiple continents, reflecting a worldwide market scope in the energy industry.

Economic Transformation

A core objective is to enhance project efficiency and reduce costs, directly impacting client profitability.

Innovation-Driven

The mission emphasizes challenging conventions and integrating new technologies to deliver superior results.

Strategic Partnerships

Collaborations, such as the iEPCI™ model, are central to achieving project success and market leadership.

TechnipFMC's mission, 'Bringing together the scope, know-how and determination to transform our clients' project economics,' clearly defines its purpose. The company targets clients in both traditional and new energy sectors globally, offering fully integrated projects, products, and services. This includes expertise in subsea, onshore/offshore, and surface technologies, aiming to enhance project efficiency, reduce costs, and accelerate schedules. For a deeper understanding of their clientele, refer to the Target Market of TechnipFMC. This mission is evident in initiatives like the integrated Engineering, Procurement, Construction, and Installation (iEPCI™) model, which has become an industry standard. For example, in 2024, TechnipFMC secured significant iEPCI™ awards, demonstrating how integrated solutions directly aim to improve project economics and reduce time to market. The company's focus on innovation and challenging conventions aligns with its customer-centric approach, driving its TechnipFMC mission and TechnipFMC core values.

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This vision statement is distinctly future-oriented, emphasizing continuous improvement and transformation within the broader energy sector. Its scope extends to driving real change in the energy industry by improving performance, fostering innovation, and integrating new technologies, with a commitment to delivering sustainable solutions throughout the project lifecycle. This includes addressing industry disruption by focusing on areas like greenhouse gas removal, floating offshore renewables, and hydrogen solutions, leveraging their existing competencies.

Vision for Performance Enhancement

The TechnipFMC vision focuses on elevating the global energy industry's efficiency and output.

Future-Oriented Approach

This vision is forward-looking, aiming for continuous improvement and transformation within the energy sector.

Innovation and Technology Integration

Driving change involves fostering innovation and integrating new technologies for sustainable solutions.

Addressing Industry Disruption

The vision addresses challenges like greenhouse gas removal, offshore renewables, and hydrogen solutions.

Realistic and Aspirational Goals

The vision is grounded in current capabilities while aspiring to lead the future of energy.

Strategic Investment in New Energy

A commitment of $1 billion by 2025 supports carbon capture, offshore floating renewables, and hydrogen.

The TechnipFMC vision appears both realistic and aspirational. It is realistic given TechnipFMC's established leadership in subsea technology and integrated solutions, with a substantial backlog of $16.6 billion as of Q2 2025. The company's strategic pivot towards new energy, with a commitment of $1 billion by 2025 to advance technologies in carbon capture and storage (CCS), offshore floating renewables, and hydrogen, demonstrates tangible steps towards this future. It is aspirational in its ambition to 'enhance the performance of the world's energy industry', implying a leadership role in shaping the future of energy, beyond just providing services. Understanding the Revenue Streams & Business Model of TechnipFMC further clarifies how this vision is supported financially. This TechnipFMC vision statement for employees and stakeholders highlights the company's long-term strategic goals and commitment to innovation, reflecting TechnipFMC company values and their impact on stakeholders.

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TechnipFMC's core values are fundamental to its operational framework, guiding its strategic decisions and daily activities. These principles shape the company's approach to innovation, collaboration, and ethical conduct, reflecting its commitment to stakeholders and the broader energy sector.

The company operates with three core values: Realizing Possibilities, Achieving Together, and Building Trust. These values are complemented by five foundational beliefs: Safety, Integrity, Quality, Respect, and Sustainability, which collectively define TechnipFMC's purpose and corporate culture.

Realizing Possibilities

This core value signifies TechnipFMC's commitment to innovation and problem-solving, pushing boundaries to find new and better ways of doing things. It manifests in product development through initiatives like Subsea 2.0®, a configurable product architecture designed to drive sustainable change in subsea economics and accelerate time to first production. In 2024, Subsea 2.0® tree orders significantly outpaced the growth of total subsea tree awards, demonstrating the realization of new possibilities in efficiency and standardization.

Achieving Together

This value emphasizes collaboration, teamwork, and collective success, both internally and with clients and partners. It is evident in corporate culture through fostering a climate of trust and mutual respect, where every achievement and failure is shared. In customer relations, this value is reflected in their iEPCI™ model, where TechnipFMC integrates various project phases with a single interface, ensuring seamless execution and aligning complementary technologies to deliver shared success with clients.

Building Trust

This value underscores integrity, transparency, and reliability in all interactions. It is paramount in business practices, ensuring ethical conduct, adherence to the Code of Business Conduct, and responsible dealings with all stakeholders. Concrete examples include the company's commitment to robust corporate governance and its proactive approach to sustainability, aiming to satisfy increasing demands from clients and investors for responsible business practices.

Foundational Beliefs

TechnipFMC's foundational beliefs include Safety, ensuring an incident-free environment; Integrity, acting ethically and lawfully; Quality, delivering to the highest standards; Respect, treating people with dignity; and Sustainability, acting responsibly with consideration for the planet, people, and communities. Their sustainability strategy, built on pillars like greenhouse gas removal, floating offshore renewables, and hydrogen, shows a deep integration of this belief into their business model. These beliefs differentiate TechnipFMC by establishing a strong identity centered on innovation, collaboration, integrity, and a deep commitment to responsible energy solutions, setting them apart in a competitive industry increasingly focused on both economic and environmental performance. You can learn more about the Growth Strategy of TechnipFMC.

These core values and foundational beliefs are integral to TechnipFMC's identity and operational success. Understanding how TechnipFMC's mission and vision influence its strategic decisions provides further insight into its market position and future trajectory.

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A company's mission and vision statements are fundamental to its strategic direction, shaping decisions and guiding operational priorities. These statements articulate the company's purpose and aspirations, influencing how it navigates the market and pursues growth opportunities.

TechnipFMC's Mission: Transforming Project Economics

TechnipFMC's mission is to transform clients' project economics through integrated solutions and technological innovation.

• The company's focus on integrated project delivery (iEPCI™) directly supports this mission by accelerating time to first production.
• In 2024, iEPCI™ orders saw a nearly 25% year-over-year increase, reaching an all-time high.
• This strategic approach aims to drive sustainable change in subsea economics for its clients.
• The Subsea segment's backlog reached $15.8 billion by Q2 2025, providing significant revenue visibility.

TechnipFMC's Vision: Enhancing Global Energy Performance

The company's vision is to enhance the performance of the world's energy industry, extending to new energy frontiers.

Strategic Alignment with Vision

This vision influences market expansion and partnerships, particularly in the evolving energy sector.

Commitment to Energy Transition

TechnipFMC has committed $1 billion by 2025 to advance energy transition technologies like hydrogen and carbon capture.

Key Projects in New Energy

The Deep Purple™ pilot project in Norway, launched in February 2025, aims to produce offshore green hydrogen, showcasing this commitment.

Addressing Industry Challenges

A significant contract for an all-electric subsea system for carbon transportation and storage, valued between $500 million and $1 billion, was secured in Q3 2024.

Financial Performance and Shareholder Returns

The company's 2025 free cash flow guidance was raised to $1.0-1.15 billion, with a commitment to distribute at least 70% to shareholders, reflecting successful strategic execution.

TechnipFMC's mission and vision directly shape its strategic decisions, from technological investments to market focus, driving performance and shareholder value. Explore core improvements to the company's mission and vision in the next chapter.

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Enhancing the clarity and impact of a company's mission and vision can significantly influence strategic direction and stakeholder engagement. For TechnipFMC, refining these statements could better reflect its commitment to sustainability and its unique integrated approach.

Emphasize Sustainable Energy Leadership

The current vision could be strengthened by explicitly stating a leadership role in sustainable energy solutions, moving beyond a general focus on 'performance' to encompass a commitment to a low-carbon future.

Integrate Future-Forward Sustainability Goals

A more precise vision, such as 'To lead the transformation of the world's energy industry towards a sustainable and low-carbon future,' would better align with significant investments in new energy pillars like greenhouse gas removal and hydrogen solutions.

Highlight Integrated Capabilities and iEPCI™ Model

Explicitly showcasing their 'vertically integrated provider' status and the 'iEPCI™' model within their core strategic narrative would better communicate their unique advantage in delivering efficient, streamlined projects.

Amplify Competitive Differentiation

This emphasis on integrated capabilities directly addresses evolving consumer behaviors and the industry's demand for accelerated project delivery, reinforcing their competitive edge in a dynamic market for Owners & Shareholders of TechnipFMC.

TechnipFMC's mission is to deliver fully integrated projects, products, and services that enhance the performance of the world's energy industry. Their vision is to enhance the performance of the world's energy industry. The company's core values are centered around safety, integrity, teamwork, accountability, and innovation. These values guide their operations and decision-making processes, aiming to foster a culture of excellence and responsibility. For instance, in 2023, the company reported a revenue of approximately $14.4 billion, demonstrating its significant presence and operational scale within the global energy sector.