Technip Energies (PARIS:TE) has been awarded a large(1) contract to perform preliminary activities(2) for a Floating Liquefied Natural Gas (FLNG) unit in Africa.
The contract will be effective until Sept 30, 2025.
Technip Energies is a global leader in FLNG, having delivered three open-sea units worldwide with a total capacity of 8.2 million tons per annum. This includes PFLNG SATU in Malaysia, Prelude FLNG in Australia and Coral Sul FLNG in Mozambique.
(1)A "large" award for Technip Energies is a contract award representing between €250 million and €500 million of revenue. This order intake represents Technip Energies' portion of a joint venture and will be recorded in the Project Delivery segment's backlog in Q3 2025.
(2)"This large award covers preliminary activities only; additional order intake is expected to be booked upon full contract award."
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.
For further information: www.ten.com
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