French engineering group, Technip Energies has won a large contract to undertake preliminary work for an FLNG unit in Africa, believed to be the Coral Norte project.
The contract will be effective until 30th September, 2025.
Technip Energies claimed it was a global leader in FLNGs, having delivered three deepsea units worldwide with a total capacity of 8.2 mill tonnes per annum.
They included Malaysia’s PFLNG ‘Satu’, Shell’s ‘Prelude’ FLNG in Australia and Mozambique’s ‘Coral Sul’ FLNG.
The company described a large award as a contract representing between €250 mill and €500 mill in revenue.
This order represented Technip Energies’ share in a a joint venture and will be recorded in the Project Delivery segment’s backlog in 3Q25.
“This large award covers preliminary activities only; additional order intake is expected to be booked upon full contract award,” the company explained.
