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Technip Energies awarded a large contract for a Floating Liquefied Natural Gas unit in Africa
Globenewswire· 2025-07-11 05:00
Core Insights - Technip Energies has secured a significant contract for preliminary activities related to a Floating Liquefied Natural Gas (FLNG) unit in Africa, effective until September 30, 2025 [1][2] - The contract is categorized as "large," representing revenue between €250 million and €500 million, which will be recorded in the Project Delivery segment's backlog in Q3 2025 [2] - Technip Energies is recognized as a global leader in FLNG, having successfully delivered three open-sea units with a combined capacity of 8.2 million tons per annum [1][2] Company Overview - Technip Energies is a global technology and engineering powerhouse, focusing on LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [2] - The company generated revenues of €6.9 billion in 2024 and is listed on Euronext Paris [3] - Technip Energies employs over 17,000 individuals across 34 countries, emphasizing a commitment to sustainability and prosperity [3]