Technip Energies

Technip Energies and LanzaTech Selected by the US Department of Energy to Receive $200M Investment for Breakthrough, Replicable Decarbonized Ethylene Commercial Facility

Retrieved on:

Monday, March 25, 2024

Carbon, Aviation biofuel, IRA, IDP, Steel, Public, History, Glass, Investment, CO2, Technip Energies, Paper, Inflation, DOE, Engineering, Renewable energy

This new joint technology will be developed in the U.S. for integration directly into existing commercial ethylene crackers, whereby it will capture CO2 emissions from the process and convert them into sustainable ethylene.

Key Points:

This new joint technology will be developed in the U.S. for integration directly into existing commercial ethylene crackers, whereby it will capture CO2 emissions from the process and convert them into sustainable ethylene.
Arnaud Pieton, CEO at Technip Energies, stated: “We are extremely proud to have been selected by the DOE for this significant award consideration.
Thanks to President Biden’s industrial strategy, DOE is making the largest investment in industrial decarbonization in the history of the United States.
Globally, there are an estimated 370 ethylene steam crackers, over 40% of which use Technip Energies’ technology, including 8 in the US.

Technip Energies and LanzaTech Selected by the US Department of Energy to Receive $200M Investment for Breakthrough, Replicable Decarbonized Ethylene Commercial Facility

Retrieved on:

Monday, March 25, 2024

Carbon, Aviation biofuel, IRA, IDP, Public, CO2, Technip Energies, Inflation, DOE, Engineering, Renewable energy

This new joint technology will be developed in the U.S. for integration directly into existing commercial ethylene crackers, whereby it will capture CO2 emissions from the process and convert them into sustainable ethylene.

Key Points:

This new joint technology will be developed in the U.S. for integration directly into existing commercial ethylene crackers, whereby it will capture CO2 emissions from the process and convert them into sustainable ethylene.
Arnaud Pieton, CEO of Technip Energies, stated: “We are extremely proud to have been selected by the DOE for this significant award consideration.
Globally, there are an estimated 370 ethylene steam crackers, over 40% of which use Technip Energies’ technology, including 8 in the US.
Technip Energies and LanzaTech plan to approach community groups, unions, and labor groups to negotiate, review, and update agreements for quality jobs and community collaboration at the host site.

Technip Energies and GE Vernova Advance the UK’s Transition to Net-Zero with one of the World’s First Commercial Scale Gas-Fired Power and Carbon Capture Projects

Retrieved on:

Friday, March 15, 2024

This landmark project is poised to become one of the world’s first commercial scale gas-fired power stations with carbon capture, expected to capture up to 2 million tonnes of CO2 per year.

Key Points:

This landmark project is poised to become one of the world’s first commercial scale gas-fired power stations with carbon capture, expected to capture up to 2 million tonnes of CO2 per year.
The Technip Energies and GE Vernova consortium, supported by leading infrastructure group Balfour Beatty, will play an important role constructing a highly efficient combined cycle plant.
Technip Energies , GE Vernova , and Balfour Beatty , supported by Shell in the UK are forming the Carbon Capture Alliance (CCA).
It’s a significant milestone in delivering the critical infrastructure needed to transition the UK to Net Zero.

Technip Energies Invests in the United Airlines Ventures Sustainable Flight Fund, Advancing Sustainable Aviation Fuel Development

Retrieved on:

Wednesday, February 21, 2024

Aircraft, Technip Energies, Construction, SAF, Fund, Aviation biofuel, Energy, Research, Airline

Technip Energies Invests in the United Airlines Ventures Sustainable Flight Fund, Advancing Sustainable Aviation Fuel Development

Key Points:

Technip Energies Invests in the United Airlines Ventures Sustainable Flight Fund, Advancing Sustainable Aviation Fuel Development
Technip Energies (PARIS:TE) announces a strategic investment in the United Airlines Ventures Sustainable Flight Fund.
This innovative fund is strategically designed to leverage cross-industry support, providing start-ups working on Sustainable Aviation Fuels (SAF) research, production and technology, with both financial and strategic capital.
Arnaud Pieton, CEO of Technip Energies, commented: "By joining the United's Sustainable Flight Fund, Technip Energies reaffirms its commitment to addressing one of the industry's critical challenges: the current lack of industrial-scale solutions to meet the market demand for Sustainable Aviation Fuel (SAF).
The Fund represents a significant collaborative effort, drawing expertise from various sectors of the aviation industry, to propel forward the advancement of sustainable fuel solutions.

Heidelberg Materials North America Announces Latest Step in Edmonton CCUS Project

Retrieved on:

Thursday, February 15, 2024

Carbon, Technip Energies, SVP, FEED, CCUS, Shell, CO2

Irving, Texas, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Heidelberg Materials North America announced today a significant milestone in its two-stage competitive procurement process as it works to select the capture technology and contractor for providing the CO2 separation solution for its Edmonton, Alberta, Carbon Capture, Utilization, and Storage (CCUS) Project.

Key Points:

Irving, Texas, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Heidelberg Materials North America announced today a significant milestone in its two-stage competitive procurement process as it works to select the capture technology and contractor for providing the CO2 separation solution for its Edmonton, Alberta, Carbon Capture, Utilization, and Storage (CCUS) Project.
This ground-breaking project will be the first full-scale application of CCUS in the cement sector.
“We are excited to take this latest step in our journey to produce the world’s first net-zero cement,” said Joerg Nixdorf, Vice President Cement Operations, Northwest Region for Heidelberg Materials North America.
“With each milestone we come closer to realizing our vision of leading the decarbonization of the cement industry.”
“We are pleased to have been selected by Heidelberg Materials North America to provide the FEED of this groundbreaking project in Canada,” said Christophe Malaurie, SVP Decarbonization Solutions for Technip Energies.

Technip Energies Announces Appointments to its Executive Committee

Retrieved on:

Tuesday, January 23, 2024

Technip Energies, a leading Engineering & Technology company for the energy transition, announces the following Executive Committee appointments:

Key Points:

Technip Energies, a leading Engineering & Technology company for the energy transition, announces the following Executive Committee appointments:
Naïla Giovanni, has been appointed to the newly created position of Chief Digital and Information Officer (CDIO), to accelerate Technip Energies’ digital transformation.
Based in Paris, she joins the Executive Committee.
Technip Energies also announces the appointment of Marco Villa, previously Chief Operating Officer, to the new position of Chief Business Officer within the Executive Committee.
In 2021, he became Chief Operating Officer of Technip Energies.

Technip Energies and John Cockerill Reach Closing of Rely, a New Company Dedicated to Integrated Green Hydrogen and Power-to-X Solutions

Retrieved on:

Thursday, November 30, 2023

Engineering, Environment, Oil, Gas, Manufacturing, Green Technology, Energy, Electricity, OEM, Multimedia, Life, Technip Energies, LCOH, Renewable energy, Hydrogen

Technip Energies and John Cockerill acknowledge the need to accelerate technology development to support net-zero ambitions.

Key Points:

Technip Energies and John Cockerill acknowledge the need to accelerate technology development to support net-zero ambitions.
The creation of Rely responds to this urgent need to scale up green hydrogen and power-to-X(1) solutions to decarbonize hard-to-abate industries.
With a unique offering integrating all electrolyzer solutions, Rely will bridge green electrons to molecules and help customers reach their decarbonization goals.
We are dedicated to building solutions making green hydrogen and power-to-X production at scale, accessible, certain, safe and affordable.

Technip Energies Creates Reju – An Innovative Polyester Textile Regeneration Company

Retrieved on:

Tuesday, November 14, 2023

(Photo: Business Wire)

Key Points:

(Photo: Business Wire)
Technip Energies (PARIS: TE) (ISIN:NL0014559478) announces the creation of Reju, a new company focused on PET (Polyethylene terephthalate) recycling (rPET) of textiles that will leverage the innovative technology co-developed in joint-venture with IBM and Under Armour as well as Technip Energies’ global engineering and technology integration expertise.
Reju intends to use this technology to address hard-to-recycle polyester garments and PET packaging lost to the waste stream today.
Arnaud Pieton, CEO of Technip Energies, commented: “Globally, less than 1% of PET textiles waste is recycled today.
For the first time in this domain, a unique scalable technology is directly associated with a scalability expert like Technip Energies.

Technip Energies Financial Results for the First Nine Months of 2023

Retrieved on:

Thursday, November 2, 2023

Energy, Other Energy, Utilities, Oil, Gas, ESG, TPS, RPET, Carbon, PET, Engineering & Technology, Technip Energies, Growth, Integrated project delivery, Renewable energy, Natural gas, LNG

Technip Energies (the “Company”) (Paris:TE), a leading Engineering & Technology company for the energy transition, today announces its unaudited financial results for the first nine months of 2023.

Key Points:

Technip Energies (the “Company”) (Paris:TE), a leading Engineering & Technology company for the energy transition, today announces its unaudited financial results for the first nine months of 2023.
Arnaud Pieton, Chief Executive Officer of Technip Energies, commented:
“Our solid results year-to-date reflect our teams’ relentless focus on execution and reconfirm our full-year outlook.
The third quarter marks an inflection for Project Delivery as revenues improved sequentially and margins remained high.
This supports future backlog growth - in Project Delivery and TPS - and positions T.EN as a pivotal player for the energy transition.”

Technip Energies Has Complied at All Times with Applicable Sanctions in Relation to the Arctic LNG 2 Project

Retrieved on:

Thursday, October 19, 2023

Engineering, Other Energy, Utilities, Manufacturing, Alternative Energy, Energy, Technip Energies, United Kingdom, Le Monde, ISIN, Arctic, European, Cryptocurrency, Construction, LNG

The contract, awarded in 2019, covered engineering, equipment procurement and the construction of three LNG trains.

Key Points:

The contract, awarded in 2019, covered engineering, equipment procurement and the construction of three LNG trains.
Technip Energies has worked with relevant authorities and has complied with the sanctions introduced progressively by the European Union, the United States and the United Kingdom.
This commitment was fulfilled, and the Company confirmed on July 27, 2023 that it had exited the ALNG2 project.
Technip Energies has acted responsibly in its role on the ALNG2 project through strict compliance with, in order of precedence, international sanctions and its contractual obligations.