Technip Energies gets go-ahead for over 1-billion-euro US contract

T1 Energy

T1 Energy

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- French energy engineering and technology company Technip Energies TE.PA said on Friday it had received a go-ahead to proceed with a major engineering, procurement and construction contract with Commonwealth LNG for a 9.5 million-ton per year liquefied natural gas export facility in Cameron Parish, Louisiana.

The company said the contract, recorded in its project delivery segment for the second quarter of 2026, represents more than 1 billion euros ($1.2 billion) in revenue and covers six liquefaction trains using its SnapLNG modular solution.

($1 = 0.8585 euros)