Technip Energies Secures Two Strategic Contracts in Gabon for SOGARA
Technip Energies has won two Front-End Engineering Design (FEED) contracts from the Gabonese Refining Company (SOGARA) for its Port-Gentil refinery. These contracts involve the optimization of an existing unit and the development of a new hydrocracking complex.
Detailed Engineering for Existing Refinery Optimization and New Developments
The first contract focuses on the detailed front-end engineering for the debottlenecking of SOGARA's existing refinery unit. This project targets key processing units and includes a new kerosene sweetening unit along with four new storage facilities. Technip Energies will ensure full process integration between the existing and new units.
Leveraging Engineering Excellence and Technological Integration
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Technip Energies will utilize its engineering excellence and expertise in technological integration, including its proprietary Steam Methane Reforming (SMR) technology for hydrogen production.
Impact on Environmental Standards and Local Community
Both projects are designed to meet Africa 5 quality standards, the strictest on the continent regarding sulfur content in transport fuels. This will lead to a significant reduction in sulfur emissions and an improvement in air quality for local communities.
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
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
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.
