Technip Energies (Euronext Paris: TE) has been awarded a significant engineering services contract by Larsen & Toubro Energy Hydrocarbon (LTEH) for a major ADNOC Offshore project in the United Arab Emirates.

The contract, recorded in Q3 2026 within the Technology, Products & Services segment, represents revenue between €50 million and €250 million. Technip Energies will provide detailed engineering services for the project, which involves the engineering, procurement, construction, installation, and commissioning (EPCIC) of new offshore facilities.

Project Scope and Strategic Context

LTEH recently won the broader EPCIC contract from ADNOC Offshore as part of a consortium. The scope includes modifications and upgrades to existing infrastructure alongside new facility development. This award leverages Technip Energies’ local engineering capabilities and its experience with complex, large-scale offshore projects in the Middle East.

The deal reinforces the long-standing collaboration between Technip Energies and Larsen & Toubro across upstream, downstream, and energy infrastructure projects globally. It also supports ADNOC’s strategic objectives and the UAE’s energy ambitions.

Leadership Commentary

Loïc Chapuis, President Project Delivery and Services at Technip Energies, stated that the selection reflects trust in the company’s engineering excellence and proven track record in delivering complex offshore projects. He noted that Technip Energies looks forward to contributing to ADNOC’s strategic goals alongside LTEH.

What the Numbers Show

The contract value range of €50 million to €250 million defines a "significant" award for Technip Energies. Recorded in Q3 2026, this win contributes directly to the Technology, Products & Services segment, highlighting the company’s continued ability to secure high-value engineering mandates in the Middle East energy sector.

Technip Energies has published its 2026 Half-Year Report, providing stakeholders with an update on its operational and financial performance for the period. The filing was submitted to the Autoriteit Financiële Markten (AFM) in the Netherlands and the Autorité des marchés financiers (AMF) in France, ensuring compliance with regulatory disclosure requirements in both jurisdictions. This publication serves as a key transparency measure for investors tracking the global technology and engineering firm's progress in critical markets such as energy, decarbonization, and circularity.

The report is now available for public access on the company’s investor relations website. Technip Energies, listed on Euronext Paris with American Depositary Receipts trading over the counter, continues to leverage its leadership positions in liquefied natural gas (LNG), hydrogen, ethylene, sustainable chemistry, and carbon dioxide (CO2) management. The company’s dual-segment structure, comprising Technology, Products and Services (TPS) and Project Delivery, aims to translate innovation into scalable industrial solutions.

Financial Context

While the specific half-year financial metrics are detailed within the full report document, the company’s broader financial scale remains significant. Technip Energies generated revenues of €7.2 billion in 2025, underscoring its substantial market presence. The firm employs more than 18,000 people across 35 countries, supporting its global project execution capabilities.

Regulatory Filings and Access

The submission to both the AFM and AMF highlights the company’s dual-regulatory footprint in Europe. Investors and analysts can review the complete 2026 Half-Year Report via the designated link on the Technip Energies shareholder information portal. This filing process ensures that all material information regarding the company’s performance during the first half of 2026 is disseminated promptly to the market.

What the Numbers Show

The publication of the half-year report coincides with the company’s ongoing strategic focus on bridging prosperity with sustainability. With a workforce spread across 35 nations, Technip Energies is positioned to address the growing demand for decarbonization technologies. The €7.2 billion revenue base from 2025 provides a benchmark for evaluating the growth trajectory outlined in the current half-year data, particularly in high-growth segments like hydrogen and sustainable chemistry.