TotalEnergies and Technip Energies plan venture for cleaner facilities

Tuesday, 27 July 2021
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Two market leaders in liquefied natural gas, French major TotalEnergies and LNG project engineer Technip Energies, have signed a cooperation agreement to jointly develop low-carbon solutions for liquefaction plants and offshore facilities.

As part of this agreement, both parties will explore new concepts and technologies to reduce the carbon footprints of existing facilities and greenfield projects in key areas.

“These include LNG production, cryogeny production and use of hydrogen for power generation, or processes for Carbon Capture, Utilization and Storage (CCUS),” they added.

“The qualification of new architectures and equipment that will be developed in these areas is also part of the agreement,” said the companies.

While TotalEnergies has stakes in LNG plants around the world, Technip Energies, spun-off in February 2021 from TechnipFMC, has a significant LNG engineering project backlog to work on in the years ahead.

The backlog includes the Russian Arctic LNG II venture and the expansion of LNG production in Qatar in a contract award shared with Japanese company Chiyoda Corp.

TotalEnergies has stakes in Russia's Yamal LNG and Arctic LNG as well as the Ichthys LNG and Gladstone plants in Australia.

The oil and gas company also has long-standing LNG shareholdings in nations such as Nigeria and Angola and a supply deal with Algeria.

The main future project to boost volumes for TotalEnergies is the Mozambique onshore LNG joint venture in the Cabo Delgado province of the southeast Africa nation acquired from Occidental Petroleum on its takeover of US peer Anadarko.

However, violence in that region of Mozambique has halted construction and led TotalEnergies to delay the project for now.

A statement from Technic Energies and TotalEnergies said that the low-carbon technology arrangement was based on a common belief that cooperation across the industry is needed to achieve energy transition goals.

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