Turnover: 6.4 billion EUR (2022)

Country: France

  • Petroleum, energy and chemical engineering, and a major player in the energy transition
  • The company was spun off from TechnipFMC

News

Technip Energies: contract worth over one billion euros in the Emirates 13/06/2024

  • Over one billion euros to design and develop the two liquefaction trains for the Ruwais LNG project, in collaboration with the Japanese JGC and the Emirati construction company NMPC.
  • Adnoc gas liquefaction capacity: addition of 9.6 million tonnes per year, doubling current capacity.
  • Scheduled to come on stream in 2028, the project is expected to almost triple Emirati LNG exports by 5 million tonnes annually.
  • Qatar plans to increase its capacity from 77 million tonnes annually to 126 million in 2027, possibly reaching 140 million tonnes by the end of the decade.

TotalEnergies and Technip invest in Zhero and its future renewable megaprojects 08/08/2023

  • Zhero Europe is a young company founded in June 2022.
  • A number of prestigious investors have joined its capital, including TotalEnergies, Technip Energies, US equipment manufacturer Baker Hughes and the Azimut fund.
  • Zhero Europe focuses primarily on Europe, Africa and the Middle East
  • The company's objective: 5 GW of projects sanctioned by final investment decisions by 2026. That's almost a third of TotalEnergies' current installed capacity.
  • The total cost of these projects could reach several billion dollars.
  • The company also plans to integrate energy storage technologies, such as batteries.
  • Zhero Europe has also invested in a Belgian company called TES (Tree Energy Solutions), which is looking to produce synthetic methane from green hydrogen.

Technip's Burgundy plant powered by the global LNG boom 12/07/2023

  • Located in Sens, Yonne, since the 1950s, Loading Systems, a subsidiary of Technip Energies, produces loading arms used on LNG terminals or floating barges to carry liquefied natural gas cargoes onto ships.
  • The Loading Systems plant has been located in Sens, Yonne, since the 1950s.
  • It was bought by FMC in 1974 and is now a subsidiary of Technip Energies.
  • The plant's sales have been increased from 71 million euros in 2021 to 103 million in 2022.
  • The plant employs 285 people. Loading Systems has a worldwide market share of 35%.

Technip Energies puts carbon capture and sequestration to work 05/07/2023

  • Technip Energies trains users of 15-meter-high articulated arms.
  • The articulated arms manufactured are used to transport liquid flows, mainly liquefied natural gas (LNG).
  • Articulated arms can range from 15 to 25 meters in length, and weigh between 60 and 140 tonnes.
  • The plant produces between 50 and 80 loading arms a year.
  • Sales for the "loading systems" unit are set to rise from 73 million euros in 2021 to 103 million euros in 2022
  • Technip Energies has a worldwide market share of 35% in this field.
  • 95% of Technip Energies' production is exported.

Technip Energies wins a giant contract in Qatar 17/05/2023

  • North Field East contract: $13 billion
  • North Field South contract: $10 billion
  • Current Qatar production: 77 million tonnes per year
  • Expected production after delivery of North Field East: 110 million tonnes per year
  • Expected post-delivery production from North Field South: 126 million tonnes p.a
  • North Field natural gas reserves: 10% of world reserves
  • TotalEnergies' interest in North Field East and North Field South: 9.375%

Technip and Cockerill join forces to create a green hydrogen giant 05/05/2023

  • Technip Energies and John Cockerill create a company called Rely to design and equip green hydrogen projects.
  • Technip Energies will own 60% of Rely and John Cockerill 40%.
  • Rely will offer engineering solutions, equipment, operation and maintenance for projects to produce hydrogen from wind or solar energy.
  • Technip Energies has installed 30% of the world's hydrogen capacity, and John Cockerill has supplied almost a third of the global electrolyzer market.
  • Rely is targeting sales of one billion euros by 2030.

Technip steps up the pace in renewable energies 09/12/2022

  • Gas engineering group Technip Energies competes to build a floating wind farm in the Mediterranean with offshore wind specialist Skyborn Renewables
  • 13 energy companies are in the running, including EDF, Engie and TotalEnergies Technip

Batteries: Technip Energies plans to build a lithium refinery in France to produce batteries. 09/06/2022

  • One unit will produce 25,000 tonnes per year of lithium hydroxide by 2025, with continued expansion towards 100,000 tonnes (annual) by 2030.
  • The investment amounts to 30 million euros.
  • Its aim is to secure Europe's supply of lithium for electric vehicle batteries

Financial Data

DUNS: 391637865

Legal Name: TECHNIP ENERGIES FRANCE

Address: 2126 BD DE LA DEFENSE IMMEUBLE ORIGINE, 92000 NANTERRE

Number of employees: Entre 2 000 et 4 999 salariés (2020)

Capital: 22 731 231 EUR


Financial Data:

Year 2021 2020 2019 2018 2017 2016 2015
Turnover 1 505 800 000 1 396 000 000 1 687 000 000 1 314 000 000 1 799 000 000 2 089 000 000 2 823 000 000
Gross margin (€) 1 702 200 000 1 541 600 000 -11 007 1 596 800 000 2 173 000 000 2 175 300 000 -
EBITDA (€) -1 100 000 16 400 000 61 82 500 000 178 400 000 202 900 000 -
Operating profit (€) -90 500 000 -34 000 000 -17 5 400 000 109 300 000 74 100 000 -
Net profit (€) 84 000 000 115 000 000 375 000 000 208 000 000 222 000 000 79 000 000 67 000 000
Turnover growth rate (%) 7,8 -17,3 28,4 -26,9 -13,9 -26 -
Ebitda margin rate (%) -0,1 1,2 3,6 6,3 9,9 9,7 -
Operating margin rate (%) -6 -2,4 -1 0,4 6,1 3,5 -
Working Capital (turnover days) -136,3 40,7 53,2 93,1 -30,7 -86,7 -
Working Capital requirements (turnover days) 4,2 65,1 75,1 96,1 44,3 65,3 -
Net margin (%) 5,6 8,3 22,2 15,9 12,3 3,8 -
Added value / Turnover (%) 18,2 23 -1 436,5 30,1 26,3 27,9 -
Wages and social charges (€) 320 300 000 322 800 000 387 368 700 000 384 600 000 350 500 000 -
Salaries / Turnover (%) 21,3 23,1 22,9 28 21,4 16,8 -

Company Managers:

Position First Name Last Name Age Linkedin
Président Hélène, Florence DUFOUR 54

Studies mentioning this company

The hydrogen market - France

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