Forum Energy Technologies

Forum Energy Technologies is an American oilfield products company that provides products and services to the oil and gas, and renewable industries worldwide.

Forum Energy Technologies, Inc. (FET)

Formerly	Forum Oilfield Technologies, Inc.
Company type	Public company
Traded as	NYSE: FET Russell 2000 Component
Industry	Oil and Gas Equipment, Services
Predecessors	Triton Group, Subsea Services International, Global Flow Technologies, and Allied Technology
Founded	2005; 20 years ago (2005)
Headquarters	Houston, Texas , United States
Area served	Worldwide
Key people	Christopher Gaut (Chairman), Neal Lux (CEO)
Products	Drilling & Subsea Completions Production & Infrastructure
Number of employees	Approx. 1,500 (2016)
Website	www.f-e-t.com

The company's subsea division provides a range of subsea equipment and services, including ROVs, intervention tooling, subsea structures, pipeline connectors, and survey and positioning equipment. The division operates globally, with locations in the UK, Norway, Singapore, Brazil, and the US.

The company operates globally in multiple business segments related to the energy industry.^[1] Forum Energy Technologies is traded on the New York Stock Exchange (NYSE) under the ticker "FET".^[2]

History

Forum Energy Technologies was founded in 2010 as a result of the merger of five oilfield products companies: Forum Oilfield Technologies, Triton Group, Subsea Services International, Global Flow Technologies, and Allied Technology.

Triton Group was a UK-based provider of subsea products and services, including remotely operated vehicles (ROVs), intervention tools, and subsea engineering services. Triton Group was formed in 2007 as a result of the merger of Perry Slingsby Systems, Sub-Atlantic, UK Project Support Ltd, and Dynamic Positioning Services Ltd.

Global Flow Technologies was a US-based company that provided flow management products and services, including choke and control valves, flowline products, and flow measurement products.

Allied Technology was a US-based company that provided drilling equipment, including drilling motors, rotary steerable systems, and drilling optimization software.

Forum Oilfield Technologies was originally founded in 2005 as an independent company focused on providing drilling products and services to the oil and gas industry. The company was based in Houston, Texas, and grew quickly through a combination of organic growth and strategic acquisitions.

In 2010, the company was renamed from Forum Oilfield Technologies to Forum Energy Technologies.