Connection

popular articles

TotalEnergies targets production of 220,000 barrels/day in Suriname
Nigeria aims for a 140% increase with Seplat Energy
TAQA and EWEC commit to 1 GW open-cycle gas power plant in Al Dhafra
Adani Green Energy commissions 250 MW solar plant in Rajasthan
Supermajors Vie for Stake in Galp’s Massive Mopane Oil Discovery in Namibia

Technip Energies raises forecast after 22% revenue surge

Technip Energies posted a double-digit growth in Q1 2025, supported by a record order backlog of €18.2bn ($19.46bn), despite regulatory uncertainties in the United States.
  • [favorite_button]

Please share:

Technip Energies reported a 22% increase in revenue for the first quarter of 2025, reaching €1.85bn ($1.98bn), while recurring earnings before interest, taxes, depreciation and amortisation (EBITDA) rose by 19% to €162mn ($173mn). This performance reflects strong momentum for the French engineering and energy services group, buoyed by a historically high order book.

Strong growth in order backlog

The company’s order backlog stood at €18.2bn ($19.46bn) as of 31 March, up from €15bn ($16.04bn) a year earlier. According to Chief Executive Officer Arnaud Pieton, project execution is now the company’s top operational priority, with several key deliveries expected in the coming quarters. Major contracts secured in 2023 and 2024 are also continuing to ramp up.

With improved visibility, Technip Energies raised its 2025 guidance for the “project delivery” segment – its longer-cycle business – to between €5.2bn ($5.56bn) and €5.6bn ($5.99bn), compared with a previous range of €5bn to €5.4bn. This adjustment reflects greater operational stability in the segment.

Short-cycle operations facing headwinds

Conversely, the company revised its guidance downwards for the technology, products and services (TPS) segment, which is more exposed to short-cycle fluctuations. The new range is now between €1.8bn ($1.97bn) and €2.2bn ($2.35bn), down from the previous €2bn to €2.2bn estimate. The group cited macroeconomic conditions and regulatory uncertainty, particularly in North America.

Chief Financial Officer Bruno Vibert noted that delayed investment decisions in the United States are impacting this business segment faster than long-cycle projects. He identified the Americas as the region most affected by the recent introduction of tariff-related uncertainty.

Focus on digital efficiency

In parallel with its commercial momentum, Technip Energies is advancing its strategic transformation initiatives. The ongoing digital acceleration plan aims to generate annual savings of €100mn ($107mn) from 2028. This approach is intended to strengthen long-term operational margins and competitiveness.

“As we began 2025 with a record order backlog, execution remains our top priority,” said Arnaud Pieton. The group is relying on the completion of major projects and the optimisation of its digital platforms to support continued growth.

Register free of charge for uninterrupted access.

Publicite

Latest news

Vortex Metals identifies copper, gold and six IOCG targets in Chile
Russia Proposes Converting Iranian Nuclear Excess into Energy Fuel
U.S. LNG Exports Drive Natural Gas Prices Higher
Proxima Fusion secures €130 million to accelerate its stellarator project
Rosatom claims USD 2.9 billion from Finland’s Fortum and Outokumpu

Recently published in

Baker Hughes sells sensor division to Crane for $1.15bn

Baker Hughes has reached an agreement to sell its precision sensor product line to Crane Company for $1.15bn, thereby refocusing its operations on core competencies in industrial and energy technologies.
KKR and PSP inject $2.82bn into AEP’s US transmission network
American conglomerate American Electric Power sold 19.9% of two transmission subsidiaries to KKR and PSP Investments, raising $2.82bn to support its five-year $54bn investment plan.
en_1140290953540-5
KKR and PSP inject $2.82bn into AEP’s US transmission network
American conglomerate American Electric Power sold 19.9% of two transmission subsidiaries to KKR and PSP Investments, raising $2.82bn to support its five-year $54bn investment plan.
en_1140290953540-5
Israel identifies 165 key companies in the 2025 energy tech landscape
The new mapping by Startup Nation Central identifies 165 active companies in Israel’s energy technologies, amid strong private funding and growing global market interest.
en_1140290960540-5
Israel identifies 165 key companies in the 2025 energy tech landscape
The new mapping by Startup Nation Central identifies 165 active companies in Israel’s energy technologies, amid strong private funding and growing global market interest.
en_1140290960540-5
Bernard Fontana Launches 30% Cost Reduction Plan at EDF
The new CEO of EDF, Bernard Fontana, aims to achieve €1 billion in operational cost savings for the French energy giant by 2030, prioritizing industrial contracts and the national nuclear sector.
en_1140290954540
Bernard Fontana Launches 30% Cost Reduction Plan at EDF
The new CEO of EDF, Bernard Fontana, aims to achieve €1 billion in operational cost savings for the French energy giant by 2030, prioritizing industrial contracts and the national nuclear sector.
en_1140290954540

CMS Energy launches debt repurchase offer for $125 million

CMS Energy Corporation has announced a cash tender offer for debt securities totalling $125 million, issued by Consumers Energy. The offer expires on July 3, 2025, with priority given to bonds submitted before June 17, 2025.
Vermilion Energy sells U.S. assets for $87.88mn and adjusts its forecasts
Vermilion Energy is exiting the U.S. market permanently by selling its assets for C$120mn ($87.88mn), refocusing its operations on Canada and Europe while reducing its debt and investment budget.
en_1140290986540
Vermilion Energy sells U.S. assets for $87.88mn and adjusts its forecasts
Vermilion Energy is exiting the U.S. market permanently by selling its assets for C$120mn ($87.88mn), refocusing its operations on Canada and Europe while reducing its debt and investment budget.
en_1140290986540
Eni Pays €8.4 Billion to Energy-Producing Countries in 2024
In 2024, Italian energy giant Eni paid approximately €8.4 billion to various global governments. These payments, primarily concentrated in Africa and Asia, reflect its commitments in the international energy sector.
Design-sans-titre-311-768x364
Eni Pays €8.4 Billion to Energy-Producing Countries in 2024
In 2024, Italian energy giant Eni paid approximately €8.4 billion to various global governments. These payments, primarily concentrated in Africa and Asia, reflect its commitments in the international energy sector.
Design-sans-titre-311-768x364
Global energy investment to reach record $3.3tn in 2025, says IEA
The International Energy Agency projects a record-high global energy investment in 2025, driven by electricity and low-carbon technologies despite geopolitical and economic uncertainty.
en_1140290976540
Global energy investment to reach record $3.3tn in 2025, says IEA
The International Energy Agency projects a record-high global energy investment in 2025, driven by electricity and low-carbon technologies despite geopolitical and economic uncertainty.
en_1140290976540

Suspicion of Collusion: Formal Investigation Launched into Czech Energy Auction

The Czech regulatory authority launches an investigation into suspected collusion involving several major actors in the awarding of a thermal power plant, putting transparency of a strategic transaction for the energy sector at stake.
DR Congo replaces cobalt export ban with quota system
The Democratic Republic of Congo is set to replace its temporary ban on cobalt hydroxide exports with quotas, aiming to balance global demand, secure revenue, and stabilize market fluctuations.
en_1140290952540-4
DR Congo replaces cobalt export ban with quota system
The Democratic Republic of Congo is set to replace its temporary ban on cobalt hydroxide exports with quotas, aiming to balance global demand, secure revenue, and stabilize market fluctuations.
en_1140290952540-4
European Energy secures EUR 145mn loan for wind and solar projects in Lithuania
European Energy secured EUR 145mn in financing from SEB and Swedbank to support wind, solar, and storage assets in Lithuania, reinforcing its regional expansion strategy.
en_1140290948540-4
European Energy secures EUR 145mn loan for wind and solar projects in Lithuania
European Energy secured EUR 145mn in financing from SEB and Swedbank to support wind, solar, and storage assets in Lithuania, reinforcing its regional expansion strategy.
en_1140290948540-4
Greenvolt sells 231 MW of energy projects in Spain to Transiziona for €195mn
Greenvolt Group finalised the sale of 28 solar and wind projects to Transiziona, valued at €195mn, bringing total asset sales to €530mn in 2025 as part of its pan-European strategy.
en_1140290959540-4
Greenvolt sells 231 MW of energy projects in Spain to Transiziona for €195mn
Greenvolt Group finalised the sale of 28 solar and wind projects to Transiziona, valued at €195mn, bringing total asset sales to €530mn in 2025 as part of its pan-European strategy.
en_1140290959540-4

Aegis Vopak Terminals goes public in Mumbai with €2.7bn valuation

Royal Vopak’s Indian joint venture rose nearly 3% on its first trading day in Mumbai, reaching an implied valuation of €2.7bn ($2.93bn).
Davidson Kempner acquires Swire Energy Services to strengthen offshore presence
US investment fund Davidson Kempner has reached an agreement to acquire Swire Energy Services, a provider of offshore equipment, strengthening its position in the global energy market.
en_1140290959540-2
Davidson Kempner acquires Swire Energy Services to strengthen offshore presence
US investment fund Davidson Kempner has reached an agreement to acquire Swire Energy Services, a provider of offshore equipment, strengthening its position in the global energy market.
en_1140290959540-2
ACWA Power to invest up to $10 billion in Malaysia for energy projects
Saudi-based ACWA Power has signed strategic agreements in Malaysia to develop up to 12.5 GW of energy capacity by 2040, with a potential investment of $10 billion.
en_1140290949540-16
ACWA Power to invest up to $10 billion in Malaysia for energy projects
Saudi-based ACWA Power has signed strategic agreements in Malaysia to develop up to 12.5 GW of energy capacity by 2040, with a potential investment of $10 billion.
en_1140290949540-16
Fusion Fuel plans £50mn strategic acquisition in UK fuel distribution
Fusion Fuel Green has signed a preliminary agreement to acquire a private UK-based fuel distribution company generating $58mn in revenue, through a £50mn debt-equity structured transaction.
en_1140290955540-15
Fusion Fuel plans £50mn strategic acquisition in UK fuel distribution
Fusion Fuel Green has signed a preliminary agreement to acquire a private UK-based fuel distribution company generating $58mn in revenue, through a £50mn debt-equity structured transaction.
en_1140290955540-15

ExxonMobil enters exclusive talks to sell its stake in Esso S.A.F.

ExxonMobil plans to sell its 82.89% stake in Esso S.A.F. to North Atlantic France, valuing shares based on €1.49bn cash holdings and a price subject to several adjustments.
TotalEnergies maintains its strategy despite economic pressures and activism
Patrick Pouyanné reassures shareholders by confirming TotalEnergies' strategic direction, combining hydrocarbons and low-carbon electricity, despite an unstable economic environment and climate activist protests in Paris.
en_1140290954540-11
TotalEnergies maintains its strategy despite economic pressures and activism
Patrick Pouyanné reassures shareholders by confirming TotalEnergies' strategic direction, combining hydrocarbons and low-carbon electricity, despite an unstable economic environment and climate activist protests in Paris.
en_1140290954540-11
SSE invests £2.9bn in infrastructure and reports stable profit for 2024/25
UK-based SSE recorded an adjusted operating profit of £2.42bn for fiscal year 2024/25, supported by record investments in networks and renewable energy.
en_1140290944540-11
SSE invests £2.9bn in infrastructure and reports stable profit for 2024/25
UK-based SSE recorded an adjusted operating profit of £2.42bn for fiscal year 2024/25, supported by record investments in networks and renewable energy.
en_1140290944540-11
Iberdrola acquires Electra del Maestrazgo’s electricity network to strengthen investments
Iberdrola has signed an agreement to acquire the distribution, supply and energy generation activities of Electra del Maestrazgo, a family-owned company operating in Castellón and Teruel, for an undisclosed amount.
en_1140290950540-10
Iberdrola acquires Electra del Maestrazgo’s electricity network to strengthen investments
Iberdrola has signed an agreement to acquire the distribution, supply and energy generation activities of Electra del Maestrazgo, a family-owned company operating in Castellón and Teruel, for an undisclosed amount.
en_1140290950540-10

New York approves $5 billion plan for electrification and energy efficiency

New York state regulators have approved a $5 billion budget for energy efficiency and electrification programmes, set to launch on January 1, 2026.
Aircela launches a machine that produces gasoline from air and electricity
Aircela has introduced a unit capable of producing gasoline directly from air, water, and renewable electricity, without using fossil resources.
en_1140290946540-9
Aircela launches a machine that produces gasoline from air and electricity
Aircela has introduced a unit capable of producing gasoline directly from air, water, and renewable electricity, without using fossil resources.
en_1140290946540-9
Sustainability Partners takes control of Ecofin’s renewable assets in the United States
Sustainability Partners will now manage the operational oversight of Ecofin’s U.S. portfolio, comprising solar and wind projects under contract with investment-grade electricity providers.
en_1140290943540-9
Sustainability Partners takes control of Ecofin’s renewable assets in the United States
Sustainability Partners will now manage the operational oversight of Ecofin’s U.S. portfolio, comprising solar and wind projects under contract with investment-grade electricity providers.
en_1140290943540-9
Strathcona sells Montney assets for $2.84bn and acquires rail terminal
Strathcona Resources reshapes its portfolio with the $2.84bn sale of Montney gas assets and a $45mn acquisition of the Hardisty Rail Terminal to refocus on heavy oil operations.
en_1140290951540-9
Strathcona sells Montney assets for $2.84bn and acquires rail terminal
Strathcona Resources reshapes its portfolio with the $2.84bn sale of Montney gas assets and a $45mn acquisition of the Hardisty Rail Terminal to refocus on heavy oil operations.
en_1140290951540-9

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS