Technip Energies has announced the signing of a significant engineering contract with Larsen & Toubro (L&T) Hydrocarbon Business (L&T Energy Hydrocarbon - LTEH). A 'significant' contract for Technip Energies is a contract representing between €50m and €250m in revenue.
This contract is for the North Field Production Sustainability Offshore Compression (NFPS COMP 4) project for QatarEnergy LNG, a global leader in LNG.
The group will initially carry out the front-end engineering design (FEED) phase, after which Technip Energies will provide detailed engineering for two offshore compression complexes.
Marco Villa, Chief Business Officer of Technip Energies, said that this selection demonstrates the confidence in our engineering expertise and Technip Energies' proven ability to support Qatar's energy security, ambitious projects and objectives.
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Technip Energies N.V. is an Engineering and Technology company specialized in providing projects, technologies, products and services on energy infrastructure both onshore and offshore (LNG, downstream, sustainable chemistry, hydrogen, CO2 management and marine infrastructure). Net sales break down by activity as follows:
- project delivery (75%);
- technology integration, equipment sale and services (25%).
Net sales are distributed geographically as follows: Europe and Central Asia (14.9%), Africa and the Middle East (58.9%), the Americas (18.4%) and Asia/Pacific (7.8%).
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