Carbon capture and storage (CCS) is starting to take shape, as industry takes steps to decarbonise and confidence growing from customers.
A French rule targeting ESG funds has the potential to force oil and gas divestments of €7 billion ($7.6 billion), according to an analysis by Morningstar Inc (NYSE: MORN).
"It was done in co-operation with the customer because we couldn't just walk out and slam the door: We'd have lost a lot of money," a company executive told the newspaper, speaking anonymously.
A cohort of major energy sector names have rushed to back renewables developer Zhero Europe in its latest funding round.
The company then self reported to the French authorities. The PNF investigation focused on the two West African states and then expanded into work in Angola.
Technip reported that the NFS project would involve a CCS facility of 1.5mn tpy, making the LNG plant emit 25% less than other such plants.
The facility will be the largest liquefaction unit in the world using a single electric motor-driven mixed refrigerant compressor.
Adnoc has awarded Samsung Engineering a letter of award for pre-construction services on the Hail and Ghasha project.
Technip Energies has won a project management consultancy (PMC) contract from Kuwait Oil Co. (KOC).
Engineering giant Technip Energies (Paris:TE) has published its Q3 results, reporting pre-tax profits of €133 million (£116m).
Anchorage Investments has shortlisted Hyundai E&C, Samsung Engineering, Technip Energies and Tecnicas Reunidas to build a petrochemical complex in the Suez Canal Economic Zone.
A consortium of Technip Energies and Clough will provide front-end engineering and design (FEED) services for the upstream facilities at the TotalEnergies-led Papua LNG project in Papua New Guinea.
A consortium comprised of Technip Energies, Subsea 7 and Samkang M&T has been awarded major engineering contract for the Gray Whale 3 floating wind farm off South Korea.
Technip Energies will supply a marine loading arm to TotalEnergies at the planned FSRU project in France.
Technip Energies and Abu Dhabi’s National Petroleum Construction Co. (NPCC) have agreed to establish a joint company, aiming to focus on the energy transition.
Norwegian state-owned energy giant Equinor has formed a new floating wind strategic collaboration with engineering firm Technip Energies.
Technip Energies has signed a memorandum of understanding (MoU) with Senegal’s COS Petrogaz on LNG and decarbonisation.
Technip Energies has launched a new range of flexible facilities for green hydrogen production, aimed at accelerating the drive to net zero.
Technip Energies may have to considerably slow construction for Novatek PJSC’s Arctic LNG 2 project because of the latest European Union sanctions against Russia for invading Ukraine.
Technip Energies will carry out a front-end engineering and design (FEED) work for Equinor’s floating offshore wind Firefly project in South Korea.,
Technip Energies (EPA: TE) has said $4.2 billion of its backlog is linked to projects in Russia, which will be impacted by the crisis in Ukraine.
Hy24, Mirova, CDPQ and Technip Energies join forces to make record investment in green hydrogen firm
Green hydrogen investment platform Hy2gen has successfully completed a £167 million funding round.
Engineering firm Technip Energies (PARIS: TE) has acquired a 16.3% stake in Spanish renewable energy start-up X1 Wind.
Two groups of engineers have been selected by BP to provide competing concepts as part of the UK’s first full-scale integrated power and carbon capture project in Teesside.
Technip Energies has won work to update the front-end engineering design (FEED) on the Ghasha mega project. Meanwhile, TechnipFMC has won a contract worth more than $1 billion from Adnoc.