Technip Energies, represented in the U.S. by THNPY American depositary receipts, reports developments across engineering and technology work for the energy transition. Recurring updates include LNG project awards, Process Design Package and FEED work, hydrogen and ethylene technologies, blue and green hydrogen initiatives, sustainable chemistry, and CO2 management projects.
Company news also covers technology partnerships such as autothermal reforming and partial oxidation licensing for blue hydrogen, carbon capture collaborations using Shell CANSOLV technology, and Reju, its textile-to-textile regeneration business focused on polyester waste circularity. Governance and issuer updates include annual report publication, annual general meeting materials, financial-results scheduling, Euronext Paris listing references, and the Level 1 sponsored ADR program traded over the counter in the United States.
Technip Energies (THNPY) has won an engineering, procurement and construction contract from HPCL for modernization of its Mumbai refinery.
The award represents €250 million to €500 million of revenue, Technip Energies’ definition of a large contract. It covers a hydrocracker and catalytic dewaxing unit with capacity of 550 kilotonnes per annum and a solvent deasphalting unit with capacity of 850 kilotonnes per annum. Both will be integrated into the operating refinery in Maharashtra, India, as part of HPCL’s Lube Modernization and Bottom Upgradation project.
Technip Energies (THNPY) will publish its financial results for the first nine months of 2026 on October 29, 2026. Results will be released at 07:30 CET, followed by a results conference call at 13:00 CET the same day. A simultaneous webcast will be available on demand shortly after the event ends.
Technip Energies (THNPY) won licensing and engineering contracts from Petkim for a proposed integrated petrochemical complex in Türkiye.
The award covers a mixed-feed ethylene cracker license, a process design package and front-end engineering design for the complex in Aliağa. The planned cracker is designed to produce approximately 1,200 kilotons of ethylene and 550 kilotons of propylene per year. The engineering scope also covers an 850-kiloton-per-year polyethylene complex and a 550-kiloton-per-year polypropylene plant. The award was recorded in the third quarter of 2026 across the Project Delivery and Technology, Products & Services segments. The work precedes any final investment decision by Petkim.
Technip Energies (THNPY) signed an exclusive Licensing Collaboration Agreement with SABIC under which Technip Energies will serve as worldwide licensor of SABIC’s Low-Density Polyethylene (LDPE) Clean Tubular Reactor (CTR®) technology.
The agreement extends a cooperation dating back to 1996, during which Technip Energies provided basic design, engineering, construction and start-up services for CTR®-based plants and built substantial operational expertise. The company states that combining SABIC’s CTR® technology with its own capabilities in design, equipment fabrication and high-pressure LDPE plant execution positions it to accelerate deployment of high‑performance LDPE solutions globally and help producers scale efficiently, safely and reliably to meet growing LDPE demand.
Technip Energies reports 2025 revenues of €7.2 billion, with 18,000+ employees across 35 countries.
Technip Energies (THNPY) has been selected by Larsen & Toubro Energy Hydrocarbon to deliver detailed engineering services for a major ADNOC Offshore project in the UAE. The wider project covers EPCIC of new offshore facilities plus upgrades to existing infrastructure.
The award, classified as a “significant” contract worth €50–250 million, will draw on Technip Energies’ local engineering capabilities and experience in complex Middle East offshore projects. According to the company, the contract reinforces its long-standing collaboration with Larsen & Toubro and was recorded in Q3 2026 within the Technology, Products & Services segment. Technip Energies reported €7.2 billion of revenue in 2025.
Technip Energies (OTC:THNPY) announced the publication of its 2026 Half-Year Report, which has been filed with the Dutch AFM and French AMF. According to the company, the report is available on its investor website for shareholders and analysts.
Technip Energies describes itself as a global technology and engineering company with leadership positions in LNG, hydrogen, ethylene, sustainable chemistry and CO2 management. The company generated €7.2 billion in revenue in 2025, is listed on Euronext Paris and has American Depositary Receipts trading over the counter.
Technip Energies (THNPY) reported H1 2026 adjusted revenue of €3.65bn, broadly flat year-over-year, with recurring EBITDA down 33% to €212m and net profit down 50% to €95.9m, reflecting operational and contractual impacts linked to the Middle East situation.
Adjusted order intake rose sharply to €12.7bn (vs. €2.65bn), lifting adjusted backlog 57% year-to-date to a record €25.0bn, equivalent to about 3.5x 2025 revenue. Free cash flow excluding working capital and provisions was €183m, an 86% conversion from EBITDA. For 2026, the Company kept revenue guidance unchanged but cut Project Delivery EBITDA margin guidance to >5.0% (from 6.5–7.5%) and raised Technology, Products & Services EBITDA margin guidance to ~15% (from ~14.5%). Corporate cost and effective tax rate guidance were increased under adjusted IFRS.
Technip Energies (OTC:THNPY) and EDF have signed a non-exclusive strategic framework agreement to support execution, construction management, and delivery of EDF’s EPR2 nuclear new-build program. Technip Energies will deploy experienced staff into key operational roles within EDF, especially in project and construction management, working in integrated teams with EDF personnel.
The agreement provides a long-term cooperation framework, allowing both companies to combine EDF’s reactor engineering and nuclear expertise with Technip Energies’ complex industrial project management capabilities, aiming to strengthen execution discipline and schedule predictability across EDF’s future nuclear developments.
Technip Energies has partnered with Casale to jointly license cutting-edge oxidative reforming technologies, specifically autothermal reforming (ATR) and partial oxidation (POx), aimed at the blue hydrogen market. This collaboration will leverage ATR processes for producing syngas, integrating carbon capture technology to achieve up to 99% carbon capture rate for hydrogen facilities. Technip Energies will co-license the technology alongside Casale, providing comprehensive solutions including Process Design Packages (PDP) and proprietary equipment. With operations in 35 countries and over 15,000 employees, Technip Energies aims to accelerate the energy transition by offering advanced hydrogen solutions, enhancing its position in the low-carbon hydrogen sector.