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Subsidy Tracker Parent Company Summary
Parent Company Name: TechnipFMC
Ownership Structure: publicly traded (ticker symbol NYSE: FTI)
Headquartered in: Texas
Major Industry: oilfield services and supplies
Specific Industry: offshore energy services
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $17,989,643 | 21 |
Federal (grants and allocated tax credits) | $2,538,051 | 1 |
TOTAL | $20,527,694 | 22 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $18,000,000 | 1 |
TOTAL | $18,000,000 | 1 |
Time Period for State and Local Awards: Earliest year of data: 2006. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2014.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Texas | $16,514,501 | 1 |
Oklahoma | $1,019,151 | 12 |
Pennsylvania | $183,120 | 3 |
Colorado | $151,522 | 2 |
California | $118,101 | 1 |
All other | $3,248 | 2 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
Company | Location | Subsidy Source | Year | Subsidy Value . | Loan/Bailout Value | Type of Subsidy |
FMC Technologies, Inc. | Texas | local | 2014 | $16,514,501 | | property tax abatement |
Technip USA, Inc. | United States | federal | 2010 | $2,538,051 | | federal grant |
FMC Technologies | Oklahoma | local | 2012 | $300,000 | | grant |
FMC Technologies | Oklahoma | local | 2013 | $300,000 | | grant |
FMC Technologies, Inc. | Colorado | state | 2017 | $136,672 | | tax credit/rebate |
SCHILLING ROBOTICS, INC. | California | state | 2014 | $118,101 | | training reimbursement |
FMC Technologies, Inc. | Pennsylvania | state | 2015 | $99,007 | | tax credit/rebate |
FMC Technologies Measurement Solutions | Pennsylvania | state | 2013 | $78,117 | | tax credit/rebate |
FMC TECHNOLOGIES, INC | Oklahoma | state | 2015 | $67,887 | | grant |
FMC TECHNOLOGIES, INC | Oklahoma | state | 2015 | $67,420 | | grant |
FMC TECHNOLOGIES, INC | Oklahoma | state | 2015 | $61,456 | | grant |
FMC TECHNOLOGIES, INC | Oklahoma | state | 2015 | $51,710 | | grant |
FMC TECHNOLOGIES, INC | Oklahoma | state | 2015 | $47,703 | | grant |
FMC TECHNOLOGIES, INC | Oklahoma | state | 2015 | $41,783 | | grant |
FMC TECHNOLOGIES, INC | Oklahoma | state | 2015 | $24,938 | | grant |
FMC TECHNOLOGIES, INC | Oklahoma | state | 2015 | $20,385 | | grant |
FMC TECHNOLOGIES | Oklahoma | state | 2015 | $18,512 | | tax credit/rebate |
FMC TECHNOLOGIES | Oklahoma | state | 2016 | $17,357 | | tax credit/rebate |
FMC Technologies, Inc. | Colorado | state | 2018 | $14,850 | | tax credit/rebate |
FMC Technologies Measurement Solutions, Inc. | Pennsylvania | state | 2009 | $5,996 | | tax credit/rebate |
FMC Technologies | Mississippi | state | 2009 | $2,217 | | training reimbursement |
FMC Technologies | Mississippi | state | 2010 | $1,031 | | training reimbursement |
Schilling Robotics, Llc | United States | federal | 2011 | | $18,000,000 | federal loan or loan guarantee |
FMC Technologies, Inc. (Tubing Hanger) | Texas | local | 2006 | undisclosed | | tax credit/rebate |
FMC Technologies, Inc. (Subsea Equipment) | Texas | local | 2006 | undisclosed | | tax credit/rebate |
FMC TECHNOLOGIES, INC. | Texas | state | 2010 | undisclosed | | enterprise zone |
FMC Technologies, Inc. | Texas | state | 2014 | undisclosed | | enterprise zone |
FMC Technologies, Inc. | Texas | state | 2014 | undisclosed | | enterprise zone |