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PARIS, May 25, 2022–(BUSINESS WIRE)–Technip Energies (PARIS:TE) and Samsung Engineering have been awarded a pre-FID engineering contract (final investment decision) for the allocation of Texas LNG in Brownsville, Texas, USA. USA As a component of a joint venture with Samsung Engineering, Technip Energies has been designated the assignment prime contractor responsible for the design and delivery of the assignment. of the Port of Brownsville, near the Gulf of Mexico.
The Texas LNG assignment will use Technip Energies’ SnapLNG™ solution, which combines a compact modular design concept for midsize trains with standardized parts and generation. Developed in collaboration with Air Products, the formula benefits from immediate time to market, with greater certainty about pricing and schedule, and the generation of available procedures, compression and digitization of the refrigerant. As a result, this solution provides reduced emissions and is suitable for progressive and LNG developments with low or zero carbon emissions.
Loic Chapuis, SVP Gas and Low-Carbon Energies, Technip Energies, said, “We are very pleased that Texas LNG has chosen us to lead the FEED (front engineering design) and assignment delivery and integrate our modular SnapLNG ™ solution, which is well suited to the North American market. LNG is more critical than ever in the global energy environment, and we are committed to carrying our long-standing leadership in LNG to meet the demanding situations of the future. Our SnapLNG™ solution illustrates how Technip Energies can meet those demanding situations by bringing a decarbonized, modularized, methane-free solution to market in a reduced period of time. “
Texas LNG, a Glenfarne Group company, received full approval from FERC and the Department of Energy and will export to LNG markets.
(1) Million tonnes consistent with the year
Learn more about LNG: Technip Energies is a world leader in the design and structure of LNG plants. To learn more about our LNG capabilities, https://www. technipenergies. com/markets/liquefied-natural-gas.
About Technip Energías
Technip Energies is a leading company in engineering and generation for the energy transition, with leading positions in liquefied herbal fuel (LNG), hydrogen and ethylene, as well as developing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. The company’s physically powerful allocation delivery style subsidized through a wide range of technologies, products and services.
Present in 34 countries, our 15,000 employees are fully committed to making our clients’ cutting-edge projects a reality, to breaking down borders to drive the energy transition towards a better future.
Technip Energies is indexed on Euronext Paris with U. S. certificates of deposit (“ADRs”) traded over-the-counter in the United States. For more information: www. technipenergies. com.
About Samsung Engineering
At Samsung Engineering, our purpose is to create pricing based on the world’s most productive technology competence and make a contribution to our customers, society and people. Samsung Engineering, one of the leading companies in EPC
To prepare for the future as environmentally friendly corporations founded by esg, we have expanded our price chain to the operation of green infrastructure, such as incinerators and water remediation services, and green response activities for energy optimization and carbon neutrality. To respond preemptively to adjustments in the global energy industry and take the lead in solving global warming, we will provide optimal responses based on our technologies and expertise. For more information, visit: www. samsungengineering. com.
Important for investors and holders of securities
Forward-Looking Statement
This press release comprises “forward-looking statements” as explained in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements sometimes relate to long-term occasions and the revenues, profits, cash flows or other aspects of Technip Energy’s operations or effects. Forward-looking statements are known by the words “believe,” “expect,” “anticipate,” “plan,” “intend,” “anticipate,” “should,” “should,” “could,” “could,” “estimate,” “outlook” and similar expressions, adding the negative. The absence of those words, however, does not mean that the statements are not forward-looking. These forward-looking statements are based on Technip Energies’ existing expectations, ideals and assumptions regarding long-term developments and business situations and their prospective effect on Technip Energies. Although Technip Energies believes those forward-looking statements Although the statements are moderate as they were made, there can be no assurance that the long-term developments affecting Technip Energies will be as anticipated by Technip Energies.
All of Technip Energies’ forward-looking statements involve threats and uncertainties (some of which are curtains or beyond the control of Technip Energies) and assumptions that may cause actual effects to differ slightly from Technip Energies’ former experience and Technip Energies’ existing expectations. or projections. If one or more of those threats or uncertainties manifest themselves, or if the underlying assumptions prove incorrect, the actual effects may differ slightly from those set forth in the forward-looking statements. For more information on known curtain points that may cause actual effects to differ from projected effects, see Technip Energies’ threat points set forth in Technip Energies’ filings with the U. S. Securities and Exchange Commission. In the U. S. , they come with Amendment No. 4 to Technip Energies’ registration statement on Form F-1 filed on February 11, 2021.
Forward-looking statements involve inherent dangers and uncertainties and refer only to the date on which they are made. Technip Energies assumes no legal liability and will not necessarily update any forward-looking statements as a result of new data or long-term events, to the extent required by applicable law.
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