TechnipFMC completes spin-off transaction to create TechnipFMC and Technip Energies 16 Feb 2021 TechnipFMC has announced the completion of its spin-off transaction to create two industry leading, independent, publicly traded companies, TechnipFMC and (1) Doug Pferdehirt, Chairman and CEO of TechnipFMC, stated: 'I am delighted to announce the successful completion of the separation transaction. 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.' New Board of Directors Appointment for Technip Energies