Core Insights - Technip Energies has been awarded a detailed engineering contract for PTTEP's Arthit Carbon Capture and Storage (CCS) project in the Gulf of Thailand, marking a significant step in the adoption of CCS technology in the region [1][4] Company Overview - Technip Energies is a global technology and engineering powerhouse with expertise in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, contributing to critical markets such as energy and decarbonization [5] - The company generated revenues of €6.9 billion in 2024 and is listed on Euronext Paris [6] Project Details - The Arthit CCS Project, led by PTTEP, aims to reduce greenhouse gas emissions and is recognized under Thailand's Nationally Determined Contribution (NDC) Action Plan on Mitigation 2021–2030 [2] - The project will utilize existing infrastructure at the Arthit field while constructing new facilities, with a target operational capacity of approximately 1 million tonnes of CO2 per year [2] Engineering Scope - Technip Energies' responsibilities include detailed engineering for new CCS processing units and CO2 injection facilities, along with modifications to the existing Arthit Central Processing Platform [3] - This contract follows Technip Energies' successful completion of the Pre-FEED and FEED phases of the project between 2022 and 2023 [3]