Technip Energies BV

Technip Energies has been awarded a significant contract by Larsen & Toubro Energy Hydrocarbon to provide detailed engineering services for a major ADNOC Offshore project in the United Arab Emirates. The project, recently awarded by ADNOC Offshore to a consortium led by LTEH, covers the engineering, procurement, construction, installation and commissioning of new offshore facilities, along with modifications and upgrades to existing infrastructure. Under the contract, Technip Energies will leverage its local engineering capabilities and experience with complex offshore projects in the Middle East. The award, recorded in Q3 2026 in the Technology, Products & Services segment, is valued between €50 million and €250 million. Loïc Chapuis, President Project Delivery and Services at Technip Energies, expressed pleasure in supporting the development and contributing to ADNOC's strategic objectives.

Technip Energies and EDF have signed a strategic framework agreement to support the execution, construction management, and delivery of EDF’s EPR2 nuclear new-build program. Under the non-exclusive agreement, Technip Energies will deploy experienced personnel into key operational roles within EDF, particularly in project and construction management, as part of integrated teams working alongside EDF’s personnel. The partnership aims to strengthen execution discipline and improve schedule predictability across all of EDF’s nuclear new-build activities by drawing on Technip Energies’ expertise in delivering major complex industrial and energy projects. The agreement establishes a common foundation for long-term cooperation, enabling both companies to combine complementary capabilities and capitalize on lessons learned from large-scale industrial projects in support of EDF’s future nuclear developments.

UTM Offshore has signed a gas sales agreement with Seplat Energy and the Nigerian National Petroleum Company for gas from the deepwater Yoho field, advancing Nigeria's first indigenous-led floating liquefied natural gas project. The facility is designed to process 176 million cubic feet per day and is targeting first LNG shipments in 2030, with engineering and pre-construction work already complete. Financing includes debt capital from Afreximbank and equity from NNPC and the Delta State Government, while JGC Holdings and Technip Energies are assessing the EPC contract. The project is part of Nigeria's Decade of Gas Initiative and will also supply around 300,000 tonnes of LPG annually to the domestic market.

Technip Energies has completed its share buy-back program, which was launched on March 18, 2026. Between that date and June 30, 2026, the company acquired 4,246,851 of its own shares, representing 2.38% of its share capital, at an average price of 36.64 euros per share. The repurchased shares will be used to reduce the company's share capital by cancelling treasury shares and to meet obligations under equity incentive plans. The liquidity agreement resumed on July 1, 2026.

Reju has opened its first U.S. Research & Development Center in Conshohocken, Pennsylvania, marking the company's first dedicated research facility in North America. Located within Technip Energies' Advanced Materials and Catalysts' existing research center, the lab will accelerate deployment of Reju's recycling technologies and develop next-generation circular solutions. The center relocates Reju's core research team from IBM's Almaden Research Center in San Jose, California, where its Volcat depolymerization technology was first developed. The facility will span polyester recycling, mixed-fabric solutions, and new circular chemistry pathways, supporting technologies intended for deployment across Reju's future Regeneration Hubs. This R&D Center is part of Reju's broader strategy to build a closed-loop recycling ecosystem, joining its first textile-to-textile facility Regeneration Hub Zero in Frankfurt, Germany, and future hubs announced in Sittard, Netherlands; Lacq, France; and Rochester, New York.

Technip Energies bought back 462,809 of its own shares from June 22 to June 26, 2026, at a daily volume-weighted average price of €33.9997. The transactions were executed under a discretionary buyback mandate by an independent investment services provider. The largest daily purchases occurred on June 24 and June 25, with 157,268 and 112,095 shares acquired respectively, while the highest average price of €34.6735 was paid on June 23. The shares were bought across the XPAR and CEUX markets.

Alterra, Technip Energies, and Neste have commercially launched Nerea, a standardized modular industrial offering designed to accelerate chemical recycling of plastic waste. Nerea combines Alterra's thermochemical liquefaction technology, Neste's circular feedstock expertise, and Technip Energies' engineering and modularization capabilities into a product model that replaces bespoke engineering, aiming to provide greater cost and schedule predictability for waste operators, project developers, and petrochemical players. The solution targets hard-to-recycle plastics, converting them into high-quality feedstock, and builds on a collaboration agreement signed by the three companies in November 2024. Alterra's technology has over five years of continuous commercial operation processing real-world plastic waste streams. Global plastics production reached approximately 431 million tons in 2024, with circularity rates lagging consumption growth, while regulatory developments in Europe and elsewhere are driving stronger demand for recycled feedstocks.