Technip Energies announced on Friday that it had been awarded a large contract to perform preliminary activities for a floating LNG unit in Africa.
A “large” award for Technip Energies is a contract award representing between 250 million euros and 500 million euros ($292 million – $584 million) of revenue.
Tehncip Energies said this order intake represents its portion of a joint venture and will be recorded in the project delivery segment’s backlog in the third quarter of 2025.
Moreover, this award covers only preliminary activities, while additional order intake is expected to be booked upon full contract award.
The contract will be effective until Septmber 30, 2025.
Technip Energies did not provide further details regarding the project.
The company noted that it had previously delivered three open-sea units worldwide with a total capacity of 8.2 million tons per annum.
This includes the Petronas PFLNG Satu in Malaysia, Shell’s Prelude FLNG in Australia, and Eni’s Coral Sul FLNG in Mozambique.
Coral Norte FLNG
Last year, Arnaud Pieton, CEO of Technip Energies, said there is a “high possibility” that Eni would take FID on the second FLNG project in Mozambique in 2024, but it could also be in 2025.
South Korean shipbuilder Samsung Heavy recently also announced that it had signed a contract for preliminary work prior to the main contract for offshore production facilities with an owner in Africa.
The contract is worth 869.4 billion won or about $640 million.
Shipbuilding sources told LNG Prime that this contract is for Eni’s Coral Norte FLNG.
Earlier this year, Eni received approval from the government of Mozambique for its second FLNG project in Mozambique, moving forward towards the exploitation of the natural gas resources of the Coral deposit, located in Area 4 offshore of the Rovuma Basin.
The project involves the production of 3.55 million metric tons of LNG per annum.
Coral North FLNG will be a replica of Coral South, which has proven to be effective for deepwater production and also has already exported more than 100 LNG shipments.
Eni discovered Coral back in May 2012, and it operates the Area 4 along its partners ExxonMobil, CNPC, Galp, Kogas, and ENH.
Earlier this year, Adnoc’s investment unit XRG completed the purchase of Galp’s 10 percent interest in the Area 4 concession of the Rovuma basin.
In November 2022, the Coral Sul FLNG shipped its first cargo of LNG, adding Mozambique to the LNG producing countries.
The FLNG shipped its 100th cargo of LNG in April 2025.
The TJS consortium, consisting of Technip Energies, JGC, and Samsung Heavy, built the unit for Eni, the first floating LNG facility ever to be deployed in the deep waters of the African continent.
