TotalEnergies & Technip Energies to Reduce Carbon Footprints
TotalEnergies and Technip Energies signed a Technical Cooperation Agreement to jointly develop low-carbon solutions for Liquefied Natural Gas production and offshore facilities to accelerate the energy transition. As part of this agreement, both parties will explore new concepts and technologies, in order to reduce carbon footprint of existing facilities and greenfield projects in key areas, such as:
Production and use of hydrogen for power generation
Processes for Carbon Capture, Utilization and Storage
The qualification of new architectures and equipment that will be developed in these areas is also part of the agreement.
This partnership is based on a common belief that cooperation across the industry is needed to achieve energy transition goals. By partnering, Technip Energies and TotalEnergies rely on complementary expertise to decarbonize LNG plants and offshore facilities, supported by their leadership positions in these areas.
TotalEnergies is the world's second largest privately owned LNG player, with a global portfolio of nearly 50 Mtpa by 2025 and a global market share of around 10%. TotalEnergies is a broad energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas, 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 extensive technology, products and services offering.