Technip Energies (PARIS:TE) announces that Mr. Joseph Rinaldi, current Chair of the Board of Directors (the “Board”), has informed the Board of his intention to retire at the end of his current term immediately following the 2026 Annual General Meeting (“2026 AGM”) and will not seek reappointment at the 2026 AGM. The Board has decided to nominate Mr. John O’Higgins for appointment to the Board at the 2026 AGM and to designate Mr. O’Higgins to succeed Mr. Rinaldi as Chair of the Board, assuming his appointme ...

Technip Energies (PARIS:TE) announces that Mr. Joseph Rinaldi, current Chair of the Board of Directors (the “Board”), has informed the Board of his intention to retire at the end of his current term immediately following the 2026 Annual General Meeting (“2026 AGM”) and will not seek reappointment at the 2026 AGM. The Board has decided to nominate Mr. John O’Higgins for appointment to the Board at the 2026 AGM and to designate Mr. O’Higgins to succeed Mr. Rinaldi as Chair of the Board, assuming his appointme ...

France's Technip Energies misses Q4 profit forecast, announces buyback | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Feb 26 (Reuters) - French energy infrastructure company Technip Energies [(TE.PA), opens new tab] reported quarterly adjusted core profit below market expectations, while announcing a higher dividend payout and a 150 million euro share buyback program.The company, which specialises in engineering and technology for ...

TECHNIP ENERGIES FY 2025 FINANCIAL RESULTS A successful year of delivery; trending ahead of medium-term outlook Highest-ever revenue of €7.2bn and EBITDA of €638m; industry-leading profitability with EBITDA margin of ~9%Completion of AM&C acquisition; enriching technology & product offering across asset lifecycleGrowing shareholder returns: 18% Y/Y growth in proposed dividend and €150 million share buyback programInitiate 2026 segment guidance: ▪ Project Delivery revenue: €6.3 - 6.7bn; EBITDA margin: ...

Technip Energies (PARIS:TE), as leader of a joint venture (T.ENCCCGAC JV) with Consolidated Contractors Company (CCC) and Gulf Asia Contracting (GAC), has been awarded a major1 Engineering, Procurement, Construction and Commissioning (EPCC) contract by QatarEnergy for the onshore LNG facilities of the North Field West (NFW) project. This award covers the delivery of 2 mega trains, each with a capacity of 8 MTPA2 of liquefied natural gas, as a replication of the 2 trains under construction by Technip Energie ...

Core Insights - Technip Energies, in collaboration with JGC and Samsung Heavy Industries, has secured a significant contract from Mozambique Rovuma Venture (MRV) to advance the Coral Norte Floating Liquefied Natural Gas (FLNG) project, marking Mozambique's second floating LNG facility [1][12][14] Group 1: Project Details - The contract builds upon a previously announced agreement for early works, confirming the ongoing progress of Technip Energies' involvement in the Coral Norte FLNG project [2] - Coral Norte is designed as an enhanced replica of the successful Coral Sul project, utilizing the same feed gas composition and field location, which aims to improve project execution efficiency and LNG capacity [3] - The hull launch for the Coral Norte project took place on January 16, 2026, in Geoje, South Korea, indicating rapid advancement through early works and the adoption of a replica concept [2] Group 2: Company Expertise and Partnerships - Loïc Chapuis, President of Project Delivery & Services at Technip Energies, emphasized the project as a testament to the company's engineering and project delivery expertise, highlighting the successful replication of proven solutions [4] - The contract strengthens Technip Energies' long-standing partnership with Eni and its Area 4 partners, reinforcing the company's leadership in delivering innovative LNG solutions [4] Group 3: Company Overview - Technip Energies is recognized as a global technology and engineering powerhouse, with leadership in sectors such as LNG, hydrogen, and sustainable chemistry, contributing to critical markets including energy and decarbonization [5] - The company reported revenues of €6.9 billion in 2024 and operates with over 17,000 employees across 34 countries, committed to sustainability and innovation [6]

Core Viewpoint - Technip Energies has appointed Jesse Stanley as President of the Technologies & Products Business Unit and a member of the Executive Committee, effective March 16, 2026, aiming to enhance innovation and business growth in this segment [1][2]. Group 1: Appointment Details - Jesse Stanley, previously President of Operations Americas at Wood plc since 2024, will lead the Technologies & Products offering at Technip Energies [2]. - Her role will focus on accelerating innovation and strengthening the technology portfolio to support the company's strategic ambitions [2]. Group 2: Background of Jesse Stanley - Jesse Stanley holds degrees from the University of Cambridge and Stanford Graduate School of Business and began her career at Accenture in Germany from 2005 to 2007 [3]. - She has extensive experience at Shell plc, holding various positions from 2007 to 2024, including Senior Strategy Advisor and Chief Operating Officer for Shell Energy Trading Americas [4]. Group 3: Executive Committee Insights - Arnaud Pieton, CEO of Technip Energies, expressed confidence in Stanley's ability to enhance the Technologies & Products business due to her international experience and expertise [5]. - The new Executive Committee is designed to support strategic priorities and reinforce execution excellence [5][12]. Group 4: Company Overview - Technip Energies is a global technology and engineering powerhouse with leadership in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [6]. - The company generated revenues of €6.9 billion in 2024 and operates in 34 countries with over 17,000 employees [7].

Core Viewpoint - Caturus has signed a 20-year sale and purchase agreement with Aramco Trading for the Commonwealth LNG project, highlighting strong international demand for US LNG and the company's capability to serve global markets [1][3]. Group 1: Agreement Details - The agreement involves the purchase of one million tonnes per annum (mtpa) of liquefied natural gas (LNG) from the Commonwealth LNG export facility [1]. - The Commonwealth LNG facility has a total capacity of 9.5 mtpa and is located in Cameron Parish, Louisiana [2]. - The facility will include five storage tanks, each with a capacity of 50,000 m³, and will accommodate vessels up to 216,000 m³ [2]. Group 2: Project Development - The project is nearing a final investment decision (FID) and requires customary conditions to be met before the agreement becomes fully effective [4]. - The first phase of Commonwealth LNG's development is expected to generate approximately $3.5 billion in annual export revenue [6]. - At peak construction, the project will employ around 2,000 workers and create approximately 300 full-time jobs upon becoming operational, anticipated by 2030 [6]. Group 3: Strategic Importance - The agreement with Aramco Trading is part of a broader strategy to secure long-term energy supplies and enhance energy security for global markets [5][6]. - Caturus aims to leverage its global reach to provide comprehensive services from wellhead to water [4]. - Other international energy companies, including Glencore, Jera, Petronas, Mercuria, and EQT, have also secured long-term offtake contracts with the LNG project [5]. Group 4: Engineering and Construction - Technip Energies has been contracted to provide engineering, procurement, and construction services for the Commonwealth LNG project [7].

Core Insights - Reju, a textile recycling firm owned by Technip Energies, plans to build a polyester recycling plant in southwest France to address fast fashion's waste problem [1] - The new plant aims to convert used textiles into new polyester fibers, with similar projects planned in the Netherlands and the United States [1] - The textile recycling industry is still in its early stages, facing high costs and challenges in scaling operations [1] Company Developments - Reju's new plant in Lacq is expected to target around 50,000 metric tons per year of recycled polyester, with investments estimated between 300 million and 400 million euros ($355-475 million) per site [1] - CEO Patrik Frisk emphasized the mission to transform textile waste into valuable resources, highlighting the need for sustainable practices in the industry [1] - Several brands are reportedly lined up to sign purchase agreements with Reju, indicating potential demand for recycled materials [1] Industry Context - The production of polyester, primarily derived from petrochemicals, has surged in recent years, driven by its low cost and durability [1] - Fast fashion retailers like H&M and Inditex are investing in textile-to-textile recycling startups to enhance sustainability and comply with stricter regulations [1] - Currently, 98% of recycled polyester is sourced from plastic bottles, which has drawn criticism for diverting materials from established recycling loops [1]

Core Viewpoint - Technip Energies has secured a significant contract from SkyNRG for the DSL-01 project, which is a new Sustainable Aviation Fuel (SAF) production facility in Delfzijl, Netherlands [1][16]. Group 1: Project Details - The contract encompasses Engineering, Procurement, Construction, and Commissioning (EPCC) for Europe's first standalone greenfield SAF production facility, following the successful completion of the Front-End Engineering & Design (FEED) phase [2]. - The DSL-01 project aims to produce 100,000 tons per annum of SAF using the Hydroprocessed Esters and Fatty Acids (HEFA) pathway, utilizing sustainable waste feedstocks such as used cooking oil [3]. - The project will include an advanced feedstock pre-treatment unit and an on-site hydrogen plant based on Technip Energies' proprietary Steam Methane Reforming (SMR) technology, enhancing cost efficiency and minimizing lifecycle emissions [4]. Group 2: Company Position and Market Impact - This contract marks Technip Energies' sixth HEFA-based SAF project in Europe, solidifying its role as a key enabler for sustainable aviation fuel capacities in the region [4]. - Technip Energies has delivered over 60% of the installed SAF production capacity globally, reinforcing its leadership in the strategic market of sustainable aviation fuel [5]. - The contract is valued between €500 million and €1 billion, with revenue recorded in Q1 2026 across Project Delivery and Technology, Products & Services segments [5].