CorporateEurope

Technip Energies starts trading as spin-off completes

By LNG Prime Staff
Technip Energies starts trading as spin-off completes
For illustration only (Image: Technip Energies)

France-based Technip Energies has started trading as a single entity following the completion of TechnipFMC’s separation into two independent, publicly traded companies.

Technip Energies said Tuesday marked its first trading day on compartment A of Euronext’s regulated market in Paris (ticker: TE).

Moreover, the group describes itself as an engineering and tech “leader” in LNG, hydrogen and ethylene, having a “strong” position in key growth areas including sustainable chemistry and CO2 management.

“Technip Energies is a driving force to address the energy transition challenge which our industry and our world need to tackle,” CEO Arnaud Pieton, said.

“We believe the future of energy is shaping tomorrow, and we have a significant role to play, in line with our mission of designing and delivering added value energy solutions,” he said.

Pieton added he was “proud and excited” to open this new chapter together with the company’s 15,000 professionals, all over the world.

Most Popular

Vessels

Qatar’s Nakilat says no one injured after LNG carrier attack

Qatari LNG shipping giant Nakilat said on Wednesday that no one was injured after its Q-Flex LNG carrier Al Rekayyat was hit by a projectile while transiting the Strait of Hormuz on Tuesday.
LNG Terminals

Venture Global shipped 127 LNG cargoes in Q2

US LNG exporter Venture Global shipped 127 LNG cargoes from its Calcasieu Pass and Plaquemines LNG export terminals in the second quarter of this year.
Vessels

Kinetics: Seatrium kicks off FSRU conversion work

Karpowership's unit, Kinetics, said on Wednesday that Singapore's Seatrium has officially begun conversion work on its first high-capacity floating storage and regasification unit (FSRU).
spot_img

More News Like This

Contracts and Tenders

Yokogawa bags Commonwealth LNG gig

A unit of Japanese engineering firm Yokogawa has been awarded the role of main automation contractor for Kimmeridge's $13 billion, 9.5 mtpa Commonwealth LNG export project near Cameron, Louisiana.
Contracts and Tenders

Modec clinches Coral Norte FLNG gig

Japan's Modec has secured a contract to supply an internal turret mooring system for the Eni-led Coral Norte (Coral North) FLNG project offshore Mozambique.
Contracts and Tenders

JGC, Technip Energies, and Samsung Heavy win EPCIC contract for Coral Norte FLNG

Eni-led Mozambique Rovuma Venture has awarded a contract to Japan's JGC, France's Technip Energies, and South Korea's Samsung Heavy to provide engineering, procurement, construction, installation, and commissioning (EPCIC) services for the second FLNG project in Mozambique, Coral Norte (Coral North). JGC says the contract is worth below $5 billion.
Contracts and Tenders

Technip Energies to secure Qatari LNG repair work

French LNG engineer Technip Energies has mobilized a dedicated team to help state-owned LNG giant QatarEnergy repair two damaged liquefaction trains at the giant Ras Laffan LNG complex, according to CEO Arnaud Pieton.