Welcome to our dedicated page for Technip Energies news (Ticker: THNPY), a resource for investors and traders seeking the latest updates and insights on Technip Energies stock.
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 has been awarded an EPCC contract by NTPC for a 5 MW Hydrogen Generation Plant using PEM technology in Madhya Pradesh, India. This project aims for large-scale green hydrogen production and will integrate renewable energy sources in the future. NTPC plans to set up two additional units: a CO2 capture facility and a methanol unit using captured CO2 and hydrogen. Technip Energies highlights its commitment to energy transition and project management capabilities, marking a significant move towards decarbonization in the Indian energy sector.
NOVA ENERGIES, a joint venture of Technip Energies and NIPIGAS, has secured a Pre-FEED contract from SIBUR for developing Carbon Capture solutions at the ZapSibNeftekhim plant. The project aims to create optimal technology solutions for capturing and utilizing CO2 from the plant and its associated power station. This initiative reinforces Technip Energies' position in low-carbon solutions and marks a significant step in energy transition efforts in Russia. NOVA ENERGIES offers extensive expertise in engineering and project development related to carbon management and energy transition.
Technip Energies has announced the nomination of Colette Cohen as a non-executive director, effective at the 2022 Annual General Meeting of Shareholders. Cohen, currently the CEO of the Net Zero Technology Centre, brings over 25 years of experience in the energy sector, having held senior positions at companies like BP and ConocoPhillips. Joseph Rinaldi, Chairman of the Board, expressed enthusiasm for Cohen's appointment, citing her expertise in energy transformation and advocacy for women in the industry as assets for the board.
Technip Energies will announce its nine months 2021 financial results on October 21, 2021, at 07:30 CET. A conference call is scheduled for the same day at 13:00 CET. Participants can access the call via specific phone numbers or join a webcast. The company is a leader in Engineering & Technology, focusing on energy transition sectors such as LNG, hydrogen, and CO2 management. With operations in 34 countries, they emphasize innovative project delivery to accelerate sustainable energy solutions.
Technip Energies has signed a Memorandum of Understanding (MoU) with the National Petroleum Construction Company (NPCC) to promote energy transition in the UAE and the MENA region. The agreement, formalized on September 21 at the GASTECH conference, aims to create a Joint Venture (JV) that combines Technip’s technological expertise and NPCC’s regional capabilities. The partnership will focus on CO2 capture, hydrogen projects, and other innovative solutions to support decarbonization efforts.