LNG

Technip Energies’ latest full notice to proceed on Caturus’ 9.5 mtpa Commonwealth LNG export terminal marks another milestone for the U.S. Gulf Coast LNG buildout, even if the terminal is not expected to ship its first cargo before 2029.

Technip Energies, one of the leading LNG project engineering companies, has signed an accord with US energy services company Baker Hughes to cooperate on developing mid-scale and modular onshore liquefaction plants.

Technip Energies, a leading European-based liquefied natural gas engineering company, reported increased first-half net profits and revenues even as it made “an ongoing orderly exit” from the Arctic LNG II project in Russia.