Technip Energies NV

Technip Energies NV operates as an engineering and technology company for the energy transition. It operates through the following business segments: Projects Delivery; and Technology, Products and Services. The Projects Delivery segment provides comprehensive engineering, procurement and construction delivery capability globally. The Technology, Products and Services segment combines proprietary technologies with associated licensing fees and equipment such as LNG Loading Arms and associated knowledge-based services into a global business for ethylene, refining, petrochemicals, inorganic and specialty chemicals as well as gas monetization. The company was founded on October 16, 2019 and is headquartered in Nanterre, France.

Technip Energies (PARIS:TE), Alterra and Neste have signed a collaboration agreement to advance the circularity of plastics by providing the industry a standardized technology solution for chemical recycling, also referred to as “advanced recycling”.

Technip Energies, Alterra and Neste collaborate to offer standardized solution to build chemical recycling plants

Technip Energies N.V. (OTCPK:THNPY) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Phil Lindsay - Vice President-Investor Relations Arnaud Pieton - Chief Executive Officer Bruno Vibert - Chief Financial Officer Conference Call Participants Victoria McCulloch - RBC Guilherme Levy - Morgan Stanley Kate O'Sullivan - Citi Jean-Luc Romain - CIC Market Solutions Richard Dawson - Berenberg Guillaume Delaby - Bernstein Sebastian Erskine - Redburn Atlantic Bertrand Hodee - Kepler Daniel Thomson - BNP Paribas Exane Mick Pickup - Barclays Bank Phil Lindsay Hello, and welcome to Technip Energies' Financial Results for the First Nine Months of 2024.

Technip Energies N.V. (THNPY) Q3 2024 Earnings Call Transcript

TECHNIP ENERGIES 9M 2024 FINANCIAL RESULTS Strong 9M performance and substantial EPS growth; upgrading full year guidance         Strong revenue growth of 13% Y/Y; upgrade 2024 revenue guidance to €6.5 - 6.8bn from €6.1 - 6.6bn Recurring EBIT margin stable at 7.2%; diluted EPS up 35% Y/Y Successful completion of €100m share buyback program Well positioned for notable prospects that enable diversification by geography and in new markets         Paris, Thursday, October 31, 2024. Technip Energies (the “Company”), a leading Engineering & Technology company for the energy transition, today announces its unaudited financial results for the first nine months of 2024.

Technip Energies Financial Results for the First Nine Months of 2024

Technip Energies (PARIS: TE) announces the acquisition of the businesses of GST srl and Energeco srl, two engineering companies based in Rome, Italy.

Technip Energies strengthens its process engineering workforce capabilities by acquiring business assets in Italy

Technip Energies (Paris: TE) and Enerkem Inc. announce the official signing of their Collaboration Agreement, solidifying their commitment to accelerate the deployment of Enerkem's technology converting non-recyclable waste and residues into sustainable fuels and circular chemical products.

Technip Energies and Enerkem formalize collaboration to advance waste-to-sustainable fuels and circular chemicals technology

Energy Transfer LP Unit

Pipeline operator Energy Transfer has signed a preliminary contract with a consortium to build its proposed Lake Charles liquefied natural gas (LNG) plant, a filing with federal regulators on Thursday shows.

Energy Transfer signs KBR, Technip Energies to build Louisiana LNG plant

Technip Energies Announces Publication Date for First Nine Months of 2024 Financial Results and Conference Call Technip Energies (PARIS:TE) will issue its first nine months of 2024 financial results on Thursday October 31, 2024, at 07:30 CET. The Company will host a results conference call on the same day at 13:00 CET.

Technip Energies Announces Publication Date for First Nine Months of 2024 Financial Results and Conference Call

Technip Energies (PARIS:TE) announces that the Long Son Petrochemicals Co., Ltd. (LSP) olefins plant in Long Son Island, Ba Ria-Vung Tau province, Vietnam, passed its final performance acceptance test. Technip Energies provided licensing, engineering, procurement, construction, commissioning, start-up and initial operation for the 1350 KTA( 1 ) cracker.

Technip Energies passes final performance acceptance test for Long Son Petrochemicals olefins plant in Vietnam

Technip Energies N.V. (PARIS: TE) (the “Company”) announces the completion of its share buy-back program, which launch was announced in a press release dated February 29, 2024.

Technip Energies Announces End of Share Buy-Back Program

Exxon Mobil

Technip Energies (PARIS: TE) and JGC Corporation have been awarded the Front-End Engineering Design (FEED) contract by ExxonMobil – on behalf of Mozambique Rovuma Venture (MRV), a joint venture of ExxonMobil, Eni, and CNPC – for the Rovuma LNG project at Palma in the Afungi peninsula, Northeast of Mozambique.

Technip Energies and JGC Corporation awarded FEED contract by ExxonMobil for the Rovuma LNG project in Mozambique

The KTJV joint venture between Technip Energies (PARIS:TE) and KBR has been selected for a major(1) Engineering, Procurement, Fabrication and Construction (EPFC) project by Lake Charles LNG. Subject to Lake Charles LNG making a final investment decision to proceed with this project, this project will convert the existing Lake Charles LNG import and regasification terminal, located in Lake Charles, Louisiana, on the United States Gulf Coast, into an LNG export terminal. When the conversion is complete, the liquefaction terminal will be among the largest LNG terminals in the United States.

Technip Energies and KBR selected for a major LNG project by Lake Charles LNG

Technip Energies announces the appointment of Benjamin Lechuga as Chief Strategy & Sustainability Officer and member of the Group Executive Committee. In his new role, Benjamin Lechuga will oversee Strategy, M&A and Sustainability agendas.

Technip Energies appoints Benjamin Lechuga as new Chief Strategy & Sustainability Officer

Technip Energies has been awarded the Front-End Engineering Design (FEED) contract by bp for the H2Teesside project in the North East of the United Kingdom. H2Teesside is expected to be one of the UK's largest largest low-carbon hydrogen production facilities - fully integrated with carbon capture technology.

Technip Energies to design groundbreaking low-carbon hydrogen facility for bp in the United Kingdom

Technip Energies N.V. (OTCPK:THNPY) Q2 2024 Earnings Conference Call August 2, 2024 7:00 AM ET Company Participants Phillip Lindsay – Vice President-Investor Relations Arnaud Pieton – Chief Executive Officer Bruno Vibert – Chief Financial Officer Conference Call Participants Kate O'Sullivan – Citi Guilherme Levy – Morgan Stanley Richard Dawson – Berenberg Victoria McCulloch – RBC Jean-Luc Romain – CIC Bertrand Hodee – Kepler Mick Pickup – Barclays Daniel Thomson – BNP Paribas Exane Phillip Lindsay Hello, and welcome to Technip Energies' Financial Results for the First Half of 2024.

Technip Energies N.V. (THNPY) Q2 2024 Earnings Call Transcript

TECHNIP ENERGIES H1 2024 FINANCIAL RESULTS A solid H1 performance with strong order momentum; well on track to deliver FY guidance         Revenue growth of 11% Y/Y to €3.2 billion; adjusted recurring EBIT growth of 9% to €227 million, with a margin of 7.2% Substantial 50% Y/Y growth in adjusted net income to €188 million, resulting in diluted EPS of €1.04 €4 billion adjusted order intake, driven by low-carbon LNG plants and TPS success; adjusted backlog €17 billion Long-term value creation supported by continued innovation, targeted investments and new ventures         Paris, Thursday, August 01, 2024. Technip Energies (the “Company”), a leading Engineering & Technology company for the energy transition, today announces its unaudited financial results for the first half of 2024.

Technip Energies H1 2024 Financial Results

Technip Energies (PARIS:TE) has been awarded an Engineering and Procurement contract by Chevron Phillips Chemical (CPChem) for the supply of a proprietary Low Emission Cracking Furnace in an existing olefins unit at its facility in Sweeny, Texas. This low-emission design is cost-effective and will reduce fuel consumption and CO₂ emissions by approximately 30 %.

Technip Energies awarded a proprietary equipment contract by Chevron Phillips Chemical for the first complete implementation of the low-CO2 cracking furnace technology

Technip Energies is a French engineering and technology company focusing on LNG, hydrogen, and ethylene jobs. Q1 2024 saw a revenue increase, strong order intake, and a net income of EUR95.3M. Technip Energies remains on track to meet full-year guidance with an anticipated EBIT of EUR460M and a double-digit EPS increase.

Technip Energies: LNG Specialist Trading At A 9% FCF Yield

Technip Energies (PARIS: TE) and SBM Offshore (AMS: SBMO) announce the formal implementation of Ekwil, a 50/50 Floating Offshore Wind (FOW) joint-venture.

Technip Energies and SBM Offshore reach implementation of Ekwil, a company dedicated to Floating Offshore Wind

Technip Energies (PARIS:TE) in partnership with Université Gustave Eiffel, Valeco, and OPEN-C Foundation, will be leading the PAREF project, an R&D program aimed at accelerating industrial-scale development of floating wind. This project is funded by the French State as part of France 2030 operated by ADEME. It aims to design, fabricate, and test a reusable anchoring system, high and low connectors, and tendons for a tension line system, all while minimizing the impact on the marine environment in real offshore conditions.

Technip Energies, Université Gustave Eiffel, Valeco and OPEN-C Foundation Selected for French Floating Wind Project PAREF

Technip Energies Announces Publication Date for First Half of 2024 Financial Results and Conference Call Technip Energies (PARIS:TE) will issue its first half 2024 financial results on Thursday August 1, 2024, at 07:30 CEST. The Company will host a results conference call on the same day at 13:00 CEST.

Technip Energies Announces Publication Date for First Half of 2024 Financial Results and Conference Call

Technip Energies (PARIS:TE) has been awarded a significant( 1) contract by Indian Oil Corporation Limited (IOCL) for the license, basic engineering design package, proprietary equipment and catalyst supply and related services for the 1500 kta(2) Paradip naphtha cracker unit (PDNCU) block of the grassroot petrochemical complex in Paradip, India.

Technip Energies awarded a significant contract for IOCL's grassroots naphtha cracking unit at Paradip in India

Technip Energies (PARIS:TE), through its joint-venture TKJV LLP with KPSP, announces the signing of a long-term services frame agreement with Karachaganak Petroleum Operating B.V. (KPO) for the development of the Karachaganak Field, located in northwest Kazakhstan near Aksai.

Technip Energies and KPSP signs a long-term services agreement with KPO for the development of the Karachaganak field in Kazakhstan

Technip Energies (PARIS:TE), leader of a joint venture (TJN RUWAIS JV) with JGC and NMDC Energy, have been awarded a major contract( 1) by ADNOC for the engineering, procurement and construction (EPC) of the lower-carbon Ruwais LNG project, located in Al Ruwais Industrial City, Abu Dhabi.

Technip Energies, JGC and NMDC Energy awarded a major contract for ADNOC's Ruwais LNG project in the UAE

Technip Energies (PARIS:TE) and Mitsubishi Chemical Corporation (Mitsubishi Chemical), a member of the Mitsubishi Chemical Group, announced that they are licensing an improved OXO alcohol technology, named ‘OXO M-Process'. OXO alcohols are used as solvents in chemical manufacturing. The improved OXO-M technology reduces related capital and operating expenses of separation and purification by minimizing the production of isobutyraldehyde – used in manufacturing processes for plasticizers, resins and solvents – eliminating the need to manage it as a by-product.

Technip Energies and Mitsubishi announce licensing of improved OXO alcohol technology 'OXO M-Process'

Technip Energies (PARIS:TE), in consortium with Turner Industries, has been awarded the Engineering, Procurement, and Construction (EPC) contract by ExxonMobil Low Carbon Solutions Onshore Storage LLC. Technip Energies will oversee the engineering and procurement while Turner Industries will be responsible for the construction.

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