Technip Energies awarded a large contract for a Floating Liquefied Natural Gas unit in Africa
Technip Energies (PARIS:TE) has been awarded a large(1) contract to perform preliminary activities(2) for a Floating Liquefied Natural Gas (FLNG) unit in Africa.
The contract will be effective until Sept 30, 2025.
Technip Energies is a global leader in FLNG, having delivered three open-sea units worldwide with a total capacity of 8.2 million tons per annum. This includes PFLNG SATU in Malaysia, Prelude FLNG in Australia and Coral Sul FLNG in Mozambique.
A “large” award for Technip Energies is a contract award representing between €250 million and €500 million of revenue. This order intake represents Technip Energies’ portion of a joint venture and will be recorded in the Project Delivery segment’s backlog in Q3 2025.