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Violation Tracker Current Parent Company Summary
Current 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
Penalty total since 2000: $642,334,839
Number of records: 12
Top 5 Offense Groups (Groups Defined) | Penalty Total | Number of Records |
competition-related offenses | $639,671,906 | 5 |
financial offenses | $2,500,000 | 1 |
environment-related offenses | $140,433 | 5 |
safety-related offenses | $22,500 | 1 |
Top 5 Primary Offense Types | Penalty Total | Number of Records |
Foreign Corrupt Practices Act | $639,061,906 | 4 |
accounting fraud or deficiencies | $2,500,000 | 1 |
export control violation | $610,000 | 1 |
hazardous waste violation | $90,000 | 1 |
environmental violation | $50,433 | 4 |
Notes: Parent-subsidiary linkages are based on relationships current as of the latest revision listed in the
Update Log, which may vary from what was the case when a violation occurred. The penalty totals are adjusted to account for the fact that the individual entries below may include both agency records and settlement announcements for the same case; or else a penalty covering multiple locations may be listed in the individual records for each of the facilities. The totals are also adjusted to reflect cases in which federal and state or local agencies cooperated and issued separate announcements of the outcome. Duplicate or overlapping penalty amounts are marked with an asterisk in the list below.
Links: Subsidy Tracker data on financial assistance to this company by federal, state and local government agencies can be found
here.
Individual Penalty Records:
Click on the company or penalty amount for more information on each case.
Company | Primary Offense Type | Year | Agency | Penalty Amount |
TechnipFMC plc | Foreign Corrupt Practices Act | 2019 | DOJ_CRIMINAL | $296,000,000 |
Technip S.A. | Foreign Corrupt Practices Act | 2010 | DOJ_CRIMINAL | $240,000,000 |
Technip S.A. | Foreign Corrupt Practices Act | 2010 | SEC | $98,000,000 |
TechnipFMC plc | Foreign Corrupt Practices Act | 2019 | SEC | $5,061,906 |
FMC Technologies | accounting fraud or deficiencies | 2016 | SEC | $2,500,000 |
FMC Technologies, Inc. | export control violation | 2009 | BIS | $610,000 |
Technip USA, Inc. | hazardous waste violation | 2009 | AL-ENV | $90,000 |
FMC TECHNOLOGIES INC | aviation safety violation | 2013 | FAA | $22,500 |
FMC Technologies, Inc. | environmental violation | 2004 | TX-ENV | $19,950 |
Technipfmc Umbilicals, Inc. | environmental violation | 2016 | TX-ENV | $17,175 |
FMC Technologies, Inc. | environmental violation | 2006 | TX-ENV | $7,584 |
FMC Technologies, Inc. | environmental violation | 2019 | TX-ENV | $5,724 |