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Technip Energies (PARIS:TE) has been awarded a major(1) contract by Blue Point Number One, a joint venture between CF Industries, JERA, and MITSUI & CO, for the Blue Point Number One ATR Project in Donaldsonville, Louisiana. This project aims to deliver the world's largest low-carbon ammonia plant with a capacity of approximately 1.4 million metric tons per year.
Technip Energies will perform the engineering, procurement, equipment and module fabrication for the production facility, leveraging its expertise in modularization and project delivery excellence. Working with Topsoe to integrate its SynCOR AmmoniaTM technology, Technip Energies will draw on its proven ability to integrate cutting-edge technologies into industrial-scale projects.
The Blue Point Number One ATR Project is expected to enable greater than 95 % CO2 recovery, representing a significant step forward for the ammonia industry. The low-carbon ammonia produced will be used to meet what is expected to be robust global demand for both traditional and new applications. Ammonia offers a low-cost liquid energy vector compared with other modes of hydrogen transport. The significant improvement in technology will contribute to its further development as a viable, low-carbon solution for power generation, marine fuels and other markets.
Arnaud Pieton, CEO of Technip Energies, commented: “We are delighted to be entrusted by CF Industries, JERA, and Mitsui with BluePoint Number One ATR, a landmark project for the low-carbon ammonia industry that highlights our capabilities in delivering large-scale facilities that integrate state-of-the-art technologies. By leveraging our modularization know-how and project delivery excellence, we are paving the way for low-carbon ammonia production at scale. Technip Energies is part of the solution in a global effort towards a pragmatic, yet ambitious decarbonization.”
(1) A “major” award for Technip Energies is a contract award representing above €1 billion of revenue.This award will be included in the Project Delivery segment’s backlog in Q2 2025.
About Technip Energies
Technip Energies is a global technology and engineering powerhouse. With leadership positions in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, we are contributing to the development of critical markets such as energy, energy derivatives, decarbonization, and circularity. Our complementary business segments, Technology, Products and Services (TPS) and Project Delivery, turn innovation into scalable and industrial reality.
Through collaboration and excellence in execution, our 17,000+ employees across 34 countries are fully committed to bridging prosperity with sustainability for a world designed to last.
Technip Energies generated revenues of €6.9 billion in 2024 and is listed on Euronext Paris. The Company also has American Depositary Receipts trading over the counter.
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Forward-Looking Statements
This press release contains forward-looking statements that reflect Technip Energies’ (the “Company”) intentions, beliefs or current expectations and projections about the Company’s future results of operations, anticipated revenues, earnings, cashflows, financial condition, liquidity, performance, prospects, anticipated growth, strategies and opportunities and the markets in which the Company operates. Forward-looking statements are often identified by the words “believe”, “expect”, “anticipate”, “plan”, “intend”, “foresee”, “should”, “would”, “could”, “may”, “estimate”, “outlook”, and similar expressions, including the negative thereof. The absence of these words, however, does not mean that the statements are not forward-looking. These forward-looking statements are based on the Company’s current expectations, beliefs and assumptions concerning future developments and business conditions and their potential effect on the Company. While the Company believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting the Company will be those that the Company anticipates.
All of the Company’s forward-looking statements involve risks and uncertainties, some of which are significant or beyond the Company’s control, and assumptions that could cause actual results to differ materially from the Company’s historical experience and the Company’s present expectations or projections. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those set forth in the forward-looking statements.
For information regarding known material factors that could cause actual results to differ from projected results, please see the Company’s risk factors set forth in the Company’s 2024 Annual Financial Report filed on March 10, 2025, with the Dutch Autoriteit Financiële Markten (AFM) and the French Autorité des Marchés Financiers (AMF), which includes a discussion of factors that could affect the Company’s future performance and the markets in which the Company operates.
Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. The Company undertakes no duty to and will not necessarily update any of the forward-looking statements in light of new information or future events, except to the extent required by applicable law.
