Turnover: 6.4 billion EUR (2022)

Country: France

  • Petroleum, energy and chemical engineering, and a major player in the energy transition
  • The company was spun off from TechnipFMC

News

TotalEnergies and Technip invest in Zhero and its future renewable megaprojects 08/08/2023

  • Zhero Europe is a young company founded in June 2022.
  • A number of prestigious investors have joined its capital, including TotalEnergies, Technip Energies, US equipment manufacturer Baker Hughes and the Azimut fund.
  • Zhero Europe focuses primarily on Europe, Africa and the Middle East
  • The company's objective: 5 GW of projects sanctioned by final investment decisions by 2026. That's almost a third of TotalEnergies' current installed capacity.
  • The total cost of these projects could reach several billion dollars.
  • The company also plans to integrate energy storage technologies, such as batteries.
  • Zhero Europe has also invested in a Belgian company called TES (Tree Energy Solutions), which is looking to produce synthetic methane from green hydrogen.

Technip's Burgundy plant powered by the global LNG boom 12/07/2023

  • Located in Sens, Yonne, since the 1950s, Loading Systems, a subsidiary of Technip Energies, produces loading arms used on LNG terminals or floating barges to carry liquefied natural gas cargoes onto ships.
  • The Loading Systems plant has been located in Sens, Yonne, since the 1950s.
  • It was bought by FMC in 1974 and is now a subsidiary of Technip Energies.
  • The plant's sales have been increased from 71 million euros in 2021 to 103 million in 2022.
  • The plant employs 285 people. Loading Systems has a worldwide market share of 35%.

Technip Energies puts carbon capture and sequestration to work 05/07/2023

  • Technip Energies trains users of 15-meter-high articulated arms.
  • The articulated arms manufactured are used to transport liquid flows, mainly liquefied natural gas (LNG).
  • Articulated arms can range from 15 to 25 meters in length, and weigh between 60 and 140 tonnes.
  • The plant produces between 50 and 80 loading arms a year.
  • Sales for the "loading systems" unit are set to rise from 73 million euros in 2021 to 103 million euros in 2022
  • Technip Energies has a worldwide market share of 35% in this field.
  • 95% of Technip Energies' production is exported.

Technip Energies wins a giant contract in Qatar 17/05/2023

  • North Field East contract: $13 billion
  • North Field South contract: $10 billion
  • Current Qatar production: 77 million tonnes per year
  • Expected production after delivery of North Field East: 110 million tonnes per year
  • Expected post-delivery production from North Field South: 126 million tonnes p.a
  • North Field natural gas reserves: 10% of world reserves
  • TotalEnergies' interest in North Field East and North Field South: 9.375%

Technip and Cockerill join forces to create a green hydrogen giant 05/05/2023

  • Technip Energies and John Cockerill create a company called Rely to design and equip green hydrogen projects.
  • Technip Energies will own 60% of Rely and John Cockerill 40%.
  • Rely will offer engineering solutions, equipment, operation and maintenance for projects to produce hydrogen from wind or solar energy.
  • Technip Energies has installed 30% of the world's hydrogen capacity, and John Cockerill has supplied almost a third of the global electrolyzer market.
  • Rely is targeting sales of one billion euros by 2030.

Technip steps up the pace in renewable energies 09/12/2022

  • Gas engineering group Technip Energies competes to build a floating wind farm in the Mediterranean with offshore wind specialist Skyborn Renewables
  • 13 energy companies are in the running, including EDF, Engie and TotalEnergies Technip

Batteries: Technip Energies plans to build a lithium refinery in France to produce batteries. 09/06/2022

  • One unit will produce 25,000 tonnes per year of lithium hydroxide by 2025, with continued expansion towards 100,000 tonnes (annual) by 2030.
  • The investment amounts to 30 million euros.
  • Its aim is to secure Europe's supply of lithium for electric vehicle batteries

Financial Data

DUNS: 391637865

Legal Name: TECHNIP ENERGIES FRANCE

Address: 2126 BD DE LA DEFENSE IMMEUBLE ORIGINE, 92000 NANTERRE

Number of employees: Entre 2 000 et 4 999 salariés (2020)

Capital: 22 731 231 EUR


Financial Data:

Year 2021 2020 2019 2018 2017 2016 2015
Turnover 1 505 800 000 1 396 000 000 1 687 000 000 1 314 000 000 1 799 000 000 2 089 000 000 2 823 000 000
Gross margin (€) 1 702 200 000 1 541 600 000 -11 007 1 596 800 000 2 173 000 000 2 175 300 000 -
EBITDA (€) -1 100 000 16 400 000 61 82 500 000 178 400 000 202 900 000 -
Operating profit (€) -90 500 000 -34 000 000 -17 5 400 000 109 300 000 74 100 000 -
Net profit (€) 84 000 000 115 000 000 375 000 000 208 000 000 222 000 000 79 000 000 67 000 000
Turnover growth rate (%) 7,8 -17,3 28,4 -26,9 -13,9 -26 -
Ebitda margin rate (%) -0,1 1,2 3,6 6,3 9,9 9,7 -
Operating margin rate (%) -6 -2,4 -1 0,4 6,1 3,5 -
Working Capital (turnover days) -136,3 40,7 53,2 93,1 -30,7 -86,7 -
Working Capital requirements (turnover days) 4,2 65,1 75,1 96,1 44,3 65,3 -
Net margin (%) 5,6 8,3 22,2 15,9 12,3 3,8 -
Added value / Turnover (%) 18,2 23 -1 436,5 30,1 26,3 27,9 -
Wages and social charges (€) 320 300 000 322 800 000 387 368 700 000 384 600 000 350 500 000 -
Salaries / Turnover (%) 21,3 23,1 22,9 28 21,4 16,8 -

Company Managers:

Position First Name Last Name Age Linkedin
Président Hélène, Florence DUFOUR 53

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