Technip Energies Secures Major Contract from QatarEnergy
Technip Energies, leading a joint venture with Consolidated Contractors Company and Gulf Asia Contracting, has won a major contract from QatarEnergy for the engineering, procurement, construction, and commissioning of onshore liquefied natural gas facilities for the North Field West project.
The contract includes the delivery of two mega liquefaction trains, each with a capacity of 8 MTPA of liquefied natural gas. These trains will replicate the two trains currently under construction by Technip Energies and Consolidated Contractors Company for the North Field South project. The project will also capture and sequester an additional 1.1 MTPA of CO2. Technip Energies has maintained a local presence in Qatar since 1986.
Expansion Impact
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The expansion project will produce approximately 16 Mtpa of liquefied natural gas. Combined with the North Field East and North Field South projects, it will increase Qatar's total LNG export capacity from 77 MTPA to 142 MTPA. The contract was recorded in the first quarter of 2026 in the Project Delivery segment of Technip Energies.
Contract Significance
This contract is classified as a 'major' contract by Technip Energies, representing more than one billion euros in revenue.
SectorConstruction et infrastructures›Ingénierie / construction spécialisée
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Context
Period
Period: S1 2026
Key reported figures
Revenue: 3 825 millions d'euros
Quarterly revenue: 3 825 millions d'euros
EBITDA: 158,8 millions d'euros
EBITDA margin: 5,8 %
Net income: 96,6 millions d'euros
Free cash flow: 21,8 millions d'euros
-3 423 millions d'euros
Guidance from the release
nous réduisons les prévisions financières de marge de Livraison de projet
Outlook / guidance
Expected revenue: 8 050 millions d'euros
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Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
