TechnipFMC and Technip Energies set off as independent entities February 16, 2021, by Adis Ajdin TechnipFMC today officially completed its spin-off transaction to create two independent, publicly traded companies, TechnipFMC and Technip Energies. In connection with the separation, the Technip Energies has set its technical reference price at €9.00 ahead of its direct listing on the Euronext Paris Exchange. TechnipFMC will move forward in two business segments — Subsea and Surface Technologies. Related Article Doug Pferdehirt, chairman and CEO of TechnipFMC, stated: “As the market leader and industry’s only fully integrated pure-play, we are uniquely positioned to transform our clients’ project economics, helping them to unlock traditional and new energy resources while reducing carbon intensity and supporting their energy transition ambitions.”