Technip Energies Secures Key Engineering Role in Qatar Project
Technip Energies Obtains Major Engineering Contract
Technip Energies (PARIS:TE) has recently been awarded a significant Detailed Engineering Design contract by Larsen & Toubro Limited (L&T) for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4) related to QatarEnergy LNG, known as one of the leading LNG companies globally.
Overview of the Contract
With the Front-End Engineering and Design (FEED) phase already completed, Technip Energies will provide detailed engineering for two offshore compression complexes. This includes the construction of expansive offshore platforms, flare platforms, interconnected bridges, and various other vital structures.
Statement from Technip Energies
Marco Villa, Chief Business Officer of Technip Energies, expressed enthusiasm over the project, stating: "We are pleased to be entrusted by L&T and QatarEnergy LNG for the Detailed Engineering Design of the NFPS COMP 4 project. This selection underscores the trust in our proven engineering capabilities and our commitment to supporting Qatar’s ambitious energy goals.”
About Technip Energies
Technip Energies has established itself as a leader in the fields of LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management. The company plays a pivotal role in shaping vital markets including energy and decarbonization. Its innovative approach allows for the transformation of ideas into scalable and industrial realities.
Company Mission and Strategy
With a dedicated workforce of over 17,000 employees across 34 countries, Technip Energies focuses on merging prosperity with sustainability. Its diverse segments, namely Technology, Products, and Services (TPS) and Project Delivery, exemplify a strong commitment to excellence.
Financial Performance and Market Presence
In the previous financial year, Technip Energies reported impressive revenue figures amounting to €6.9 billion, highlighting its strong market position. The company is listed on Euronext Paris and facilitates American Depositary Receipts trading.
Investor Relations
For those interested in investment opportunities or seeking further information about Technip Energies, you can reach out to:
Phillip Lindsay
Vice-President Investor Relations
Tel: +44 207 585 5051
Email: contact@ten.com
Frequently Asked Questions
What type of contract has Technip Energies secured?
Technip Energies has secured a Detailed Engineering Design contract for the North Field Production Sustainability Offshore Compression Project.
Who awarded the contract to Technip Energies?
The contract was awarded by Larsen & Toubro Limited (L&T), focusing on QatarEnergy LNG projects.
What is the scope of the project?
The project involves creating two offshore compression complexes, including construction of large offshore platforms and interconnected structures.
How does Technip Energies contribute to sustainability?
Technip Energies focuses on energy projects involved in LNG, hydrogen, and sustainable chemistry, emphasizing environmental responsibility and decarbonization.
How can I contact Technip Energies for further inquiries?
Interested individuals can contact investor relations or other company representatives available through Technip Energies' official communication channels.
About The Author
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