Technip Energies

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Technip Energies is a French engineering and technology company serving the energy, chemicals and industrial decarbonization sectors.

Last updated October 29, 2026

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Overview

Technip Energies is a French engineering, technology and project-delivery company focused on large and technically complex facilities in the energy and chemicals industries. Its work spans front-end engineering and design, engineering, procurement, construction management, technology licensing, project execution and related services. The company is particularly associated with liquefied natural gas infrastructure, including the design and construction of LNG liquefaction plants and facilities for the handling and transportation of liquefied gases. The company was created through the separation of TechnipFMC into two independent businesses. TechnipFMC had itself been formed through the combination of French engineering group Technip and United States-based FMC Technologies. In August 2019, TechnipFMC announced that it intended to divide its activities between a technology-and-services company, which retained the TechnipFMC name, and an engineering-and-construction company that would become Technip Energies. The separation became effective in February 2021, with the spinoff completed on 12 February 2021. Technip Energies and TechnipFMC subsequently operated as independent companies without capital ties. LNG and natural-gas-related projects have historically represented the largest part of Technip Energies' business, accounting for more than 60% of turnover according to the referenced company description. Refining and petrochemicals together have represented approximately a quarter to three-tenths of turnover. The company has described itself as a global leader in the construction of LNG plants and has participated in a substantial share of installed hydrogen-production capacity. Its portfolio includes large-scale gas liquefaction, LNG loading systems, refinery conversion, petrochemical facilities, hydrogen production, sustainable aviation fuel, carbon capture and storage, waste-to-energy decarbonization, and low-carbon ammonia. Technip Energies has also sought to broaden its identity beyond conventional hydrocarbons. Its lower-carbon activities include carbon capture, utilization and storage; blue and green hydrogen; renewable fuels; advanced biofuels; sustainable aviation fuel; low-carbon ammonia; and technologies intended to reduce industrial emissions. The company has participated in industrial collaborations such as Rely, a hydrogen-focused venture developed with John Cockerill, and has created Reju, a business focused on recycling textile-based polyethylene terephthalate. It has also worked with partners on the use of captured carbon as a feedstock for materials. Major projects demonstrate the scale and geographic reach of the business. Technip Energies was the main contractor on the Yamal LNG development in Russia and later participated in the Arctic LNG 2 project before exiting it in 2023 amid sanctions and geopolitical restrictions. In Qatar, it worked with Chiyoda on a multibillion-dollar LNG expansion awarded by QatarEnergy. Other significant assignments include carbon-capture infrastructure in Norway and the United Kingdom, refinery decarbonization projects in Portugal, low-carbon LNG facilities in Abu Dhabi, and a blue-ammonia plant in Louisiana. The company was reported to operate in 34 countries with approximately 17,000 employees in 2025. It is listed on Euronext Paris under the symbol TE. Its strategic challenge is to balance its established LNG, refining and petrochemical engineering base with growth in carbon management, hydrogen, renewable fuels and other energy-transition technologies. The company remains active, while its precise financial and operational profile changes with project awards, sanctions exposure, joint ventures and acquisitions.

History

Technip Energies was established as an independent company through the separation of TechnipFMC's engineering and construction activities. TechnipFMC had been formed through the merger of French group Technip and American company FMC Technologies. In August 2019, TechnipFMC chief executive Doug Pferdehirt announced a plan to divide the combined business into two independent engineering companies. The company retaining the TechnipFMC name would concentrate on technology and services, while the engineering and construction business would be renamed Technip Energies. In January 2021, chief executive Arnaud Piéton outlined plans for Technip Energies to pursue an initial public offering and establish its ability to operate independently. The separation became effective in February 2021, and the spinoff was completed on 12 February 2021. Technip Energies and TechnipFMC thereafter had no capital ties, although they retained related industrial histories and overlapping knowledge of energy-sector projects. The new company inherited a major position in engineering and construction for LNG, gas processing, refining and petrochemicals. Its project portfolio includes design and delivery of liquefaction plants, LNG handling systems, refinery units and chemical facilities. LNG has remained its largest business area, while refining and petrochemicals have provided additional scale and recurring access to energy and industrial customers. Technip Energies' involvement in the Yamal LNG development in Russia illustrated the size and complexity of its traditional project work: the development was designed to export LNG to Asian markets through the Northeast Passage. The company's later history has been shaped by both geopolitical risk and energy transition. It was involved in the Arctic LNG 2 project, but Russia's invasion of Ukraine and subsequent European sanctions changed the project's commercial and legal environment. In March 2022, Technip Energies announced that it would not pursue new business opportunities in Russia. The European Union's sanctions later restricted the supply of goods and technologies required for gas liquefaction, placing the Arctic LNG 2 work on hold. In October 2022, Piéton announced an exit framework, and the company completed its exit on 27 July 2023. Reporting cited in the source material questioned whether the company remained involved too long after sanctions were imposed; Technip Energies maintained that it complied with applicable sanctions. At the same time, Technip Energies expanded its work in lower-carbon industries. In 2021, it supplied liquefied-carbon-dioxide marine loading arms for the Northern Lights project in Norway. In 2022, it won work for a carbon-capture-equipped waste-to-energy facility in Oslo and collaborated with sports company On on a shoe using carbon emissions as a primary raw material. It also formed NT ENERGIES with the UAE's National Petroleum Construction Co. to pursue decarbonization and blue- and green-hydrogen services in the Middle East and North Africa. In 2023, the company won Galp EPCM contracts for an advanced biofuels unit and a renewable-hydrogen electrolysis plant at the Sines refinery in Portugal. It also partnered with John Cockerill in the hydrogen venture Rely, worked with LanzaJet to expand sustainable aviation fuel using its Hummingbird technology, and established Reju for textile PET regeneration. These initiatives broadened the company's activities from conventional plant engineering into circular materials and clean-fuel technologies. The 2024–2025 period brought further large contracts. Technip Energies won work for ADNOC's Ruwais low-carbon LNG project, obtained approval to begin construction of the NZT Power carbon-capture gas plant in Teesside, and received a contract for a blue-ammonia facility in Louisiana. At its 2024 Capital Markets Day, it presented a 2025–2028 strategy centered on a large project pipeline, financial capacity and growth in the energy transition. By 2025, the company was described as operating in 34 countries with approximately 17,000 employees. It remained listed on Euronext Paris under the ticker TE and continued to combine LNG and process-engineering expertise with carbon capture, hydrogen, renewable fuels and low-carbon chemicals.

2025
Blue-ammonia project awarded in Louisiana
[1]Technip Energiesen.wikipedia.org
The company received a contract to supply a large blue-ammonia plant for Blue Point Number One.
2024
Ruwais low-carbon LNG contract
[1]Technip Energiesen.wikipedia.org
ADNOC awarded the company work on two liquefaction trains for the Ruwais low-carbon LNG project.
2024
2025–2028 strategy announced
[1]Technip Energiesen.wikipedia.org
Technip Energies presented its medium-term strategy and highlighted its project pipeline and financial capacity.
2023
Galp Sines refinery contracts
[1]Technip Energiesen.wikipedia.org
Technip Energies received EPCM work for advanced biofuels and renewable hydrogen at Galp's Sines refinery.
2023
Reju is created
[1]Technip Energiesen.wikipedia.org
Technip Energies established Reju to develop textile PET regeneration and recycling.
2022
Russia strategy changes after invasion of Ukraine
[1]Technip Energiesen.wikipedia.org
The company renounced new Russian business opportunities and began addressing the effect of sanctions on existing projects.
2021
Technip Energies is established as an independent company
[1]Technip Energiesen.wikipedia.org
The separation from TechnipFMC became effective and the spinoff was completed on 12 February 2021.
2021
Qatar LNG expansion contract
[1]Technip Energiesen.wikipedia.org
QatarEnergy awarded Technip Energies and Chiyoda a major contract for four LNG liquefaction trains.
2021
Northern Lights CO2 loading equipment
[1]Technip Energiesen.wikipedia.org
Technip Energies supplied marine loading arms for liquefied CO2 at Norway's Northern Lights carbon-capture project.
2019
TechnipFMC announces planned separation
[1]Technip Energiesen.wikipedia.org
TechnipFMC announced that it would separate its technology-and-services activities from its engineering-and-construction business, the latter becoming Technip Energies.

Products and positioning

A global engineering and technology specialist for complex energy and chemical infrastructure, combining a strong LNG and process-plant heritage with an expanding portfolio of hydrogen, carbon-capture, renewable-fuels and industrial-decarbonization solutions.

Natural gas infrastructure
LNG liquefaction facilities
Technip Energies designs and delivers large-scale facilities that cool natural gas into liquefied natural gas for storage and marine export. Its LNG work can include process technology, front-end engineering, detailed engineering, procurement, construction management and integration of loading and export systems. The company has participated in major LNG developments in Qatar, Russia and the United Arab Emirates.
Industrial decarbonization
Carbon capture and storage solutions
The company provides engineering and technology for capturing carbon dioxide from industrial and power-generation processes, conditioning it for transport and supporting its storage or use. Examples include liquefied-CO2 marine loading equipment for Northern Lights in Norway, a waste-to-energy carbon-capture project in Oslo and the NZT Power project in Teesside.
Hydrogen
Hydrogen production systems
Technip Energies works on conventional, blue and green hydrogen projects, including electrolyzer-based renewable-hydrogen facilities and related balance-of-plant engineering. Its hydrogen activities include the Sines renewable-hydrogen project in Portugal and collaboration with John Cockerill through Rely, a venture intended to provide integrated hydrogen solutions.
Renewable fuels
Advanced biofuels and sustainable aviation fuel technology
The company engineers facilities that convert renewable or waste-derived feedstocks into lower-carbon fuels. Its activities include an advanced biofuels unit for Galp's Sines refinery and collaboration with LanzaJet to expand sustainable aviation fuel production using Technip Energies' Hummingbird technology.
Low-carbon chemicals · 2025
Low-carbon ammonia facilities
Technip Energies supplies engineering and project-delivery capabilities for ammonia plants designed to reduce emissions through the use of lower-carbon hydrogen and carbon-management systems. In 2025, it was awarded work for a blue-ammonia facility in Louisiana intended to serve fertilizer production and power-sector co-firing applications.
Circular materials · 2023
Reju textile PET regeneration
Reju is a company created by Technip Energies to focus on regeneration and recycling of polyethylene terephthalate found in textiles. It represents an extension of the group's process-engineering capabilities into circular materials and textile-waste recovery.

Controversies

2023
Controversy over Arctic LNG 2 involvement
Reporting cited in the reference material alleged that Technip Energies remained involved in Russia's Arctic LNG 2 project after European sanctions had been imposed, potentially allowing it to avoid losses and contractual penalties. Technip Energies exited the project on 27 July 2023 and stated that it complied with all applicable sanctions. The controversy concerns the timing and nature of the withdrawal rather than a confirmed finding of unlawful conduct.
Source

2023Industrial decarbonization and hydrogen expansion
Middle East · North Africa · Europe
Through NT ENERGIES with NPCC, collaboration with John Cockerill through Rely, and work with Galp and LanzaJet, Technip Energies expanded its public positioning around hydrogen, renewable fuels and industrial emissions reduction.
Outcome. The initiatives added joint ventures and project partnerships to the company's energy-transition portfolio.
Source
2023Alliance for Industry Decarbonization
International
Technip Energies participated in the consortium that launched the Alliance for Industry Decarbonization, which seeks to support decarbonization of industrial value chains in line with Paris Agreement objectives.
Outcome. The company became part of a multistakeholder platform focused on industrial emissions reduction.
Source
2022Carbon-emissions-based footwear collaboration
International
Technip Energies collaborated with Swiss sports brand On on developing a shoe made using carbon emissions as a primary raw material. The initiative presented captured or recovered carbon as a potential feedstock for consumer materials.
Outcome. The collaboration produced a prototype or early product concept demonstrating a nontraditional use of captured carbon.
Source

Brand decisions

2024
Present the 2025–2028 strategic planStrategy
Background
Technip Energies used its Capital Markets Day to describe its medium-term growth priorities and commercial visibility.
Action taken
Management presented a strategy supported by a reported €75 billion sales pipeline and more than €1 billion of available financial capacity.
Aftermath
The plan reinforced the company's intention to combine LNG and process-plant expertise with energy-transition growth areas.
Reported sales pipeline. €75 billion (Capital Markets Day, November 2024)
Source
2023
Expand into circular materialsStrategy
Background
The company was broadening its energy-transition activities beyond project work in oil, gas and conventional chemicals.
Action taken
Technip Energies created Reju to focus on regeneration of textile-based polyethylene terephthalate.
Aftermath
The move extended the group's process and technology positioning into textile recycling and circular materials.
Source
2022
Stop pursuing new Russian businessStrategy
Background
Russia's invasion of Ukraine created significant geopolitical, sanctions and execution risks for energy projects in the country.
Action taken
Technip Energies announced that it would renounce new business opportunities in Russia while addressing existing contractual commitments.
Aftermath
The Arctic LNG 2 project was paused under European sanctions and the company later pursued a formal exit.
Source
2022
Form NT ENERGIES with NPCCM&A
Background
Technip Energies sought a stronger regional platform for decarbonization and hydrogen services in the Middle East and North Africa.
Action taken
The company signed an agreement with the UAE's National Petroleum Construction Co. to establish NT ENERGIES LLC.
Aftermath
The joint venture was intended to offer blue- and green-hydrogen and decarbonization services.
Source
2021
Commit to independent public-company operationStrategy
Background
Ahead of the separation, management needed to demonstrate that the new company could operate independently of TechnipFMC.
Action taken
Arnaud Piéton announced plans for an initial public offering and emphasized independent operational and shareholder value creation.
Aftermath
Technip Energies completed its spinoff and began trading independently on Euronext Paris under TE.
Source
2019
Separate engineering and construction from TechnipFMCStrategy
Background
TechnipFMC sought to separate its technology-and-services operations from its engineering-and-construction activities.
Action taken
The engineering and construction business was designated for separation and later renamed Technip Energies.
Aftermath
The decision led to the creation of Technip Energies as an independent listed company in 2021.
Source

Recent events

2025
Technip Energies awarded Blue Point blue-ammonia contract[1]Technip Energiesen.wikipedia.org
Product launch
The company was awarded a contract reported at approximately $1 billion to supply a low-carbon blue-ammonia plant in Louisiana for Blue Point Number One.
2024
Technip Energies wins Ruwais low-carbon LNG contract[1]Technip Energiesen.wikipedia.org
Product launch · Other
Technip Energies received a contract valued at more than €1 billion from ADNOC to design and develop two liquefaction trains for the Ruwais low-carbon LNG project.
2024
Technip Energies presents 2025–2028 strategy[1]Technip Energiesen.wikipedia.org
Other
At its Capital Markets Day, the company presented a strategy covering 2025–2028 and reported a sales pipeline of €75 billion and financial capacity exceeding €1 billion.
2024
NZT Power carbon-capture project receives construction approval[1]Technip Energiesen.wikipedia.org
Product launch · Regulation
Technip Energies received approval to begin construction of the NZT Power carbon-capture gas power project in Teesside, United Kingdom.
2023
Technip Energies wins Galp refinery decarbonization contracts[1]Technip Energiesen.wikipedia.org
Product launch · Other
Galp awarded two EPCM contracts covering an advanced biofuels unit and a renewable-hydrogen electrolysis plant at the Sines refinery in Portugal.
2023
Technip Energies creates Reju textile-regeneration company[1]Technip Energiesen.wikipedia.org
Product launch
The company created Reju to specialize in recycling polyethylene terephthalate used in textiles.
2022
Technip Energies announces withdrawal from new Russian opportunities[1]Technip Energiesen.wikipedia.org
Regulation · Other
Following Russia's invasion of Ukraine, the company said it would renounce new business opportunities in Russia.
2022
Technip Energies signs agreement with NPCC for NT ENERGIES[1]Technip Energiesen.wikipedia.org
M&A
The company and the UAE's National Petroleum Construction Co. agreed to form a joint venture focused on decarbonization and blue and green hydrogen in the Middle East and North Africa.
2022
Technip Energies wins Celsio carbon-capture contract[1]Technip Energiesen.wikipedia.org
Product launch · Other
Hafslund Oslo Celsio awarded the company a contract for a waste-to-energy facility equipped with carbon capture.
2021
Technip Energies completes separation from TechnipFMC[1]Technip Energiesen.wikipedia.org
M&A · Leadership change · Other
The spinoff from TechnipFMC became effective in February 2021, creating two independent companies.

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