French engineering and construction powerhouse Technip Energies has reported a substantial surge in its order backlog, hitting €19.56 billion ($20.48 billion) in 2024, fueled by booming activity in liquefied natural gas (LNG) and decarbonized power generation.
Strong Growth Driven by Energy Transition Projects
The 25% year-on-year increase in backlog reflects growing global investment in energy infrastructure, particularly in LNG and low-carbon solutions. The company’s order book remains robust at nearly €10 billion, reinforcing its position as a leading force in the energy transition.
Arnaud Pieton, CEO of Technip Energies, described 2024 as “a year of great commercial success,” adding that the strong order pipeline provides visibility for at least three years of sustained revenue generation.
Expanding Market Reach and Key Project Wins
Technip Energies has been securing major contracts worldwide, particularly in LNG, hydrogen, and carbon capture—sectors that are critical for the global shift toward cleaner energy. The company continues to leverage its expertise in large-scale energy infrastructure projects, helping clients decarbonize operations while meeting growing energy demands.
Outlook: Multi-Year Growth on the Horizon
With a solidified backlog and continued expansion in strategic energy markets, Technip Energies is poised for steady growth over the next few years. The company’s ability to deliver complex, high-value projects ensures it remains at the forefront of the evolving global energy landscape.
