Technip Energies and KBR Set to Transform LNG Facilities

Transforming LNG Export Capabilities with Technip Energies and KBR

The joint venture between Technip Energies and KBR has been awarded a major Engineering, Procurement, Fabrication and Construction (EPFC) contract by Lake Charles LNG. This ambitious project seeks to convert an existing LNG import and regasification terminal into a premier LNG export terminal. Once completed, this facility will rank among the largest LNG export terminals in the United States.

Details of the Lake Charles LNG Project

The project encompasses a new facility capable of exporting 16.45 million tons per annum (Mtpa). It includes the construction of three modular LNG trains, each with a capacity of 5.5 Mtpa. Additionally, the project involves modifications to existing LNG storage facilities and covers all aspects of procurement, transportation, fabrication, installation, commissioning, and the startup of the terminal.

Leadership Philopsophy of Technip Energies

According to Arnaud Pieton, CEO of Technip Energies, the selection for this significant contract reinforces their commitment to modularized LNG solutions. Pieton stated, "We are excited about this opportunity with Lake Charles LNG, which reflects our ambition to expand the global energy supply. Providing robust infrastructure is vital in supporting the distribution of LNG internationally. Our expertise in LNG is a key asset we are eager to deploy for this project."

Lake Charles LNG’s Vision

Tom Mason, President of Lake Charles LNG, expressed satisfaction in partnering with such reputable companies for the engineering and construction of their liquefaction project. He noted the importance of final investment decisions, indicating that their progress hinges on securing adequate commercial commitments. This collaboration with KTJV represents a positive development and marks a significant step toward realizing their objectives for the project.

Technip Energies: A Leader in Energy Transition

Technip Energies stands as a frontrunner in engineering and technology within the energy transition sector, holding significant positions in LNG, hydrogen, and ethylene markets. The company emphasizes sustainable practices and manages growth in blue and green hydrogen, sustainable chemistry, and carbon management.

The Workforce Behind the Progress

Operating in 34 countries, Technip Energies boasts a dedicated workforce of 16,000 professionals who are committed to bringing innovative energy projects to fruition. Their robust project delivery model underpins their strong service offerings, fueling efforts to accelerate the global transition to sustainable energy.

Investor and Media Relations

For those interested in further engagement with Technip Energies, the company keeps its stakeholders informed through transparent communication. Their ADRs are available on over-the-counter markets, expanding access for investors.

Frequently Asked Questions

What is the main goal of the Lake Charles LNG project?

The project aims to convert an LNG import terminal into one of the largest LNG export terminals in the United States, enhancing global energy distribution.

Who is involved in the Lake Charles LNG project?

The project is a collaboration between Technip Energies and KBR, working as a joint venture to deliver the engineering and construction services required.

What are the capacities of the new LNG trains?

The new LNG export facility will feature three modular trains, each with a capacity of 5.5 Mtpa.

How does Technip Energies contribute to sustainable practices?

Technip Energies focuses on advancing energy transition through solutions in hydrogen, sustainable chemistry, and CO2 management.

Where can investors find more information about Technip Energies?

Investors can access detailed information through the company's investor relations channels, as well as their ADR program available in over-the-counter markets.

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