Technip Energies anticipates 43% revenue growth by 2028

Technip Energies, a key player in energy engineering, announces ambitious forecasts: over €8.6 billion in revenue by 2028 and strengthened diversification towards decarbonization and sustainable technologies.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Technip Energies, a French group specializing in energy engineering, unveiled its strategic outlook during its Investor Day. Benefiting from favorable market dynamics, the company expects a significant increase in its adjusted revenue, reaching over €8.6 billion by 2028, compared to €6 billion in 2023, representing an annual growth rate of 7.4%.

The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is projected to follow a similar trajectory, rising from €540 million in 2023 to €800 million in 2028, with an estimated annual growth rate of 8.2%. These performance indicators reflect the growing demand in key sectors such as liquefied natural gas (LNG) and solutions related to decarbonization.

Diversification at the heart of the strategy

Arnaud Pieton, CEO of Technip Energies, highlighted the importance of the strategic diversification undertaken by the company. In addition to its traditional activities, the group is expanding its portfolio by entering emerging segments such as carbon capture, clean hydrogen, and sustainable fuels, especially in the aviation sector.

According to forecasts, these markets tied to decarbonization are expected to achieve double-digit annual growth until 2040, gaining maturity and speed of deployment. Simultaneously, LNG continues to grow at rates higher than global GDP, ensuring stability in the group’s core business activities.

Enhanced visibility for 2025

For the 2025 horizon, Technip Energies anticipates adjusted revenue between €7 billion and €7.6 billion, reinforcing its confidence with a commercial pipeline estimated at over €75 billion. Arnaud Pieton also emphasized the strength of projected revenues, already secured at 70% for 2025, offering strong short-term business visibility.

Beyond financial performance, the company’s dividend policy is expected to attract investors. The group plans to distribute between 25% and 35% of its free cash flow, excluding changes in working capital requirements, in line with its financial results.

Mastering the energy transition

Technip Energies is confident in its ability to thrive within the energy transition context, regardless of the scenario. The group is prepared to capitalize on opportunities presented by the expansion of traditional and sustainable energy markets while consolidating its profitability.

With these ambitions, Technip Energies asserts its leadership role in supporting industries toward a responsible and innovative energy transition, placing decarbonization at the core of its growth strategy.

Adnoc signed multiple agreements with Chinese groups during CIIE, expanding commercial exchange and industrial cooperation with Beijing in oil, gas and petrochemical materials.
Cenovus Energy completed a $2.6bn cross-border bond issuance and plans to repurchase over $1.7bn in maturing notes as part of active debt management.
The German group is concentrating its industrial investments on Grid Technologies to expand capacity in a strained market, while maintaining an ambitious shareholder return programme.
Enerfip completes its first external growth operation by acquiring Lumo from Société Générale, consolidating its position in France’s energy-focused crowdfunding market.
French group Schneider Electric will supply Switch with cooling and power systems for a major project in the United States, as energy demand driven by artificial intelligence intensifies.
Chinese group PowerChina is strengthening its hydroelectric, solar and gas projects across the African continent, aiming to raise the share of its African revenues to 45% of its international activities by 2030.
The French energy group triples its office space in Boston with a new headquarters featuring a customer experience centre and integrated smart technologies. Opening is scheduled for mid-2026.
Shell extends its early participation premium to all eligible holders after collecting over $6.2bn in validly tendered notes as part of its financial restructuring operation.
After 23 years at ITC Holdings Corp., Chief Executive Officer Linda Apsey will retire in March 2026. She will be replaced by Krista Tanner, current President of the company, who will also join the Board of Directors.
ReGen III confirmed receipt of $3.975mn in sub-agreements tied to its convertible debenture exchange programme, involving over 97% of participating holders.
Activist fund Enkraft demands governance guarantees as ABO Energy’s founding families prepare a change of control, under an open market listing and KGaA structure that offers limited protection to minority shareholders.
China National Petroleum Corp has inaugurated a new electricity-focused entity in Beijing, marking a strategic step in the organisation of its new energy assets.
Czech billionaire Daniel Kretinsky expands further into energy with a strategic investment in TotalEnergies, via his holding EPH, in exchange for assets valued at €5.1bn.
France’s competition authority fines TotalEnergies, Rubis and EG Retail over a cartel restricting access to Corsican oil depots, affecting the local fuel distribution market.
EDF and OpCore are converting a former thermal power plant south-east of Paris into one of Europe’s largest data centre campuses, backed by a €4 billion ($4.31bn) investment and scheduled to begin service in 2027.
Four companies completed a global series of secure remote additive manufacturing to locally produce certified parts for the oil and gas industry, marking a key industrial milestone for supply chain resilience.
BW Offshore and BW Group create BW Elara, a joint venture for floating desalination units, combining offshore engineering and water treatment to meet urgent freshwater needs.
TotalEnergies injects $100mn into Climate Investment’s Venture Strategy fund to accelerate the adoption of emissions reduction technologies within the oil industry under the OGDC framework.
Standard Lithium receives growing institutional backing in the United States to develop direct lithium extraction in Arkansas, a strategic area where the company positions itself against Exxon Mobil.
SBM Offshore reports year-to-date Directional revenue of $3.6bn, driven by Turnkey performance and the addition of three new FPSOs to its global fleet.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.