Technip Energies (PARIS: TE) has been awarded a large contract to carry out preliminary activities for a new Floating Liquefied Natural Gas (FLNG) unit located off the coast of Africa. The contract is considered “large” by the company’s standards, with a value between €250 million and €500 million, and is valid until September 30, 2025.
Key Highlights:
- Client: Not disclosed
- Project Type: Floating Liquefied Natural Gas (FLNG) unit
- Location: Africa
- Contract Value: €250 – €500 million (preliminary scope only)
- Contract Duration: Effective until September 30, 2025
- Segment: Project Delivery (Q3 2025 backlog)
This contract covers only the initial scope of the project. Technip Energies noted that additional order intake is expected upon full contract award, which will likely follow the completion of these early works.
Technip Energies is a global leader in the FLNG sector, having successfully delivered three offshore FLNG units to date. These include:
- PFLNG SATU in Malaysia
- Prelude FLNG in Australia
- Coral Sul FLNG in Mozambique
The company will recognize this contract under its Project Delivery segment’s backlog for Q3 2025, representing its portion of the award through a joint venture.
This new award strengthens Technip Energies’ growing portfolio in offshore LNG development, reinforcing its expertise in delivering floating solutions for global energy demand.
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