Engineering firm Technip Energies reports stronger LNG market and advances in Qatar and Mozambique
Technip Energies, the leading Europe-based energy and liquefied natural gas project engineering company, forecast a strong LNG market in 2023 and beyond and reported high annual net profits as it advanced projects in Qatar and Mozambique and also planned to seek more mid-scale LNG plant contracts.
Technip Energies reports jump in revenues and profits while managing LNG market evolution and sanctions
Technip Energies, the leading energy and LNG project company with contracts at leading global ventures including in Arctic Russia, offshore Africa and in Mexico, reported a jump in first-quarter revenues and profits.
TechnipFMC posts loss before company split as LNG contract awards amount to $8 billion
TechnipFMC, the LNG and energy engineering company planning to soon separate into two companies, posted a fourth-quarter net loss of $2.41 billion because of charges, though LNG project contract awards in 2019 soared to $8 billion and more are expected even amid the current weak commodity prices.
