The French headquartered and Paris stock exchange-listed Technip Energies, a technology and engineering company for energy infrastructure and decarbonization, has been awarded a contract to perform preliminary activities for a floating liquefied natural gas (FLNG) unit in Africa.
Technip Energies reveals that this contract award represents between €250m and €500m of revenue.
It is reported that this order intake represents Technip Energies’ portion of a joint venture and will be recorded in the Project Delivery segment’s backlog in the third quarter of 2025.
This large award covers preliminary activities only and additional order intake is expected to be booked upon full contract award, as the company mentions.
Technip Energies is an expert 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.
The contract will be effective until September 30, 2025.
