TE Technip Energies NV

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.

The project will consist of two natural gas liquefaction trains with a total LNG production capacity of 9.6 Mtpa(2). The plant will use electric-driven motors instead of conventional gas turbines and will be powered by clean energy.

The plant is set to be the first LNG export facility in the Middle East and North Africa (MENA) region to run on clean power, making it one of the lowest-carbon intensity LNG plants in the world.

The project will more than double ADNOC's LNG production capacity aligning with global natural gas demand and the shift towards decarbonization.

Arnaud Pieton, CEO of Technip Energies, commented, “We are honored to have been awarded by ADNOC the Ruwais LNG project, a pioneering initiative in the LNG sector. By powering electrified LNG trains with nuclear energy, this project sets a new standard for energy security and sustainability. By leveraging our low-carbon and electrified LNG leadership we will support ADNOC’s position as a reliable global natural gas supplier and commitment to decarbonization.”

Farhan Mujib, Representative Director, President of JGC, commented, “We are highly honored to have been awarded in this innovative lower-carbon LNG project which will be the next generation of energy security and sustainability. We commit to leveraging our capabilities and experience for the lower-carbon Ruwais LNG project, bringing our proven track record in the LNG field. We are convinced this will contribute to the success of the project and enhance economic growth in the UAE.”

Ahmed Al Dhaheri, CEO of NMDC Energy, commented, "We are proud to be entrusted by ADNOC with the Ruwais LNG project, which strengthens our position in the UAE’s energy landscape and underscores our dedication to advancing the country’s sustainable development. Utilizing nuclear energy for LNG production not only sets a new international standard for low-emission energy but also aligns with the UAE’s strategy for a sustainable future.”

(1) A “major” award for Technip Energies is a contract award representing above €1 billion of revenue.(2) Mtpa: million tons per annum

About Technip Energies

Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in LNG, hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. The Company benefits from its robust project delivery model supported by an extensive technology, products and services offering.

Operating in 34 countries, our 15,000 people are fully committed to bringing our clients’ innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.

Technip Energies shares are listed on Euronext Paris. In addition, Technip Energies has a Level 1 sponsored American Depositary Receipts (“ADR”) program, with its ADRs trading over the counter.For further information: www.ten.com

Contacts

Investor Relations                                Media RelationsPhillip Lindsay                                        Jason HyonneVice-President Investor Relations                 Press Relations & Social Media ManagerTel: +44 207 585 5051                                Tel: +33 1 47 78 22 89Email: Phillip Lindsay                                Email: Jason Hyonne

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Attachments

• Technip Energies
• PR_T.EN Ruwais LNG EPC_EN

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