Technip Energies (PARIS:TE) has been awarded a significant (1) Detailed Engineering Design contract by Larsen & Toubro Limited (L&T) Hydrocarbon Business (L&T Energy Hydrocarbon - LTEH) for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4) of QatarEnergy LNG, the world's premier LNG company.
Under this contract, Technip Energies, having completed the Front-End Engineering and Design (FEED) phase, will provide Detailed Engineering Design for two offshore compression complexes. Each will comprise large offshore platforms, flare platforms, interconnected bridges, and other associated structures.
Marco Villa, Chief Business Officer of Technip Energies, commented: "We are pleased to be entrusted by L&T and QatarEnergy LNG for the Detailed Engineering Design of the NFPS COMP 4 project. This selection highlights the confidence and trust in our engineering expertise and Technip Energies' established capability to support Qatar's energy security, ambitious projects and objectives."
(1) A "significant" award for Technip Energies is a contract award representing between €50 million and €250 million of revenue. This award was recorded in Q1 2025 in the Technology, Products & Services segment.
About Technip Energies
Technip Energies is a global technology and engineering powerhouse. With leadership positions in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, we are contributing to the development of critical markets such as energy, energy derivatives, decarbonization, and circularity. Our complementary business segments, Technology, Products and Services (TPS) and Project Delivery, turn innovation into scalable and industrial reality.
Through collaboration and excellence in execution, our 17,000+ employees across 34 countries are fully committed to bridging prosperity with sustainability for a world designed to last.
Technip Energies generated revenues of €6.9 billion in 2024 and is listed on Euronext Paris. The Company also has American Depositary Receipts trading over the counter.
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