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.

1. 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.   

2. “This large award covers preliminary activities only; additional order intake is expected to be booked upon full contract award.”