Unstable oil and gas market has forced lots of lay offs and too much talent has been lost.
The Technip and FMC merger was very badly thought out and basically smashed two very different companies together without a plan on how they would operate post merger.
Technip USA was one of the best places I have ever worked in 20 years in Oil and Gas but it was decimated by FMC management post merger who didn't understand how to execute offshore projects and did not value anyone with offshore project experience. FMC managers took over almost ever role in the SURF side of the business and forced the existing Technip managers out.
3 years later and they have lost almost all their offshore market to Subsea 7, Saipem and McDermott, are stuck with aging pipelay assets that aren't competitive and continuing to push an iEPCI project model that isn't profitable.
Senior management constantly expects more hours to be worked without pay and is pushing line managers to overwork their teams while outsourcing more and more work to India.
