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Technip Energies Wins Engineering Contract for QatarEnergy LNG Project

Technip Energies has been awarded a detailed engineering and design contract by Larsen & Toubro Limited’s Hydrocarbon business for a QatarEnergy LNG project in the North Field concession offshore Qatar. The project is named the North Field Production Sustainability Offshore Compression Project, of which Technip has completed the front-end engineering and design (FEED) phase, the […]

Technip Energies has been awarded a detailed engineering and design contract by Larsen & Toubro Limited’s Hydrocarbon business for a QatarEnergy LNG project in the North Field concession offshore Qatar.

The project is named the North Field Production Sustainability Offshore Compression Project, of which Technip has completed the front-end engineering and design (FEED) phase, the company said in a news release.

Technip defined the contract as “significant,” which it defined as representing revenue between $56.5 million and 282.5 million (EUR 50 million and 250 million).

Under the contract, Technip Energies will provide detailed engineering design for two offshore compression complexes. Each complex will consist of large offshore platforms, flare platforms, interconnected bridges, and other associated structures, according to the release.

Marco Villa, Chief Business Officer of Technip Energies, said, “We are pleased to be entrusted by L&T and QatarEnergy LNG for the detailed engineering design of the NFPS COMP 4 project. This selection highlights the confidence and trust in our engineering expertise and Technip Energies’ established capability to support Qatar’s energy security, ambitious projects and objectives”.

SAF Project in Australia

Further Technip Energies also won a FEED contract from Jet Zero Australia Pty Ltd for Project Ulysses, a bioethanol to sustainable aviation fuel (SAF) project located in Townsville, Australia.

The FEED contract covers an extensive package of engineering activities, documentation and planning to refine the cost estimate for the project and develop detailed timelines, the company said in an earlier statement.

The project aims to produce 102 million liters of SAF and 11 million liters of renewable diesel annually by 2028 using Australian bioethanol and technologies from Technip Energies and LanzaJet. Technip’s Hummingbird technology converts the bioethanol to sustainable ethylene and LanzaJet’s alcohol-to-jet technology transforms the ethylene to SAF, according to the statement.

Sylvain Cabalery, SVP for Sustainable Fuels, Chemicals and Circularity at Technip Energies, said, “We are very pleased to see Project Ulysses moving forward to provide the first alcohol-to-jet SAF plant in Australia. With the global aviation industry looking for ways to further secure their supply and lower emissions, Technip Energies and LanzaJet integrated technology is a smart solution, bringing energy security while at the same time eliminating up to 70 percent of greenhouse gas emissions.”

First Quarter Results

In its most recent earnings release, Technip Energies reported first-quarter adjusted earnings of EUR 0.56 per diluted share, up compared to EUR 0.50 in the previous year.

First-quarter revenue was EUR 1.85 billion, up from EUR 1.52 billion in the same period last year.

“Technip Energies has made a solid start to 2025 with year-over-year growth of 22 percent in revenues and 19 percent in EBITDA. This performance is reflective of the quality of our order intake over the last two years, and our teams’ relentless focus on execution,” Technip Energies CEO Arnaud Pieton said.



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QatarEnergy Announces 25 Year Condensate Supply Deal With Shell

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At-risk IRA tax credits drive industrial-scale infrastructure in red and blue states

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TotalEnergies, OQEP Begin Construction of Marsa LNG Plant in Oman

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Soluna Computing: Innovating Renewable Computing for Sustainable Data Centers

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Microsoft will invest $80B in AI data centers in fiscal 2025

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John Deere unveils more autonomous farm machines to address skill labor shortage

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2025 playbook for enterprise AI success, from agents to evals

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More 2025 is poised to be a pivotal year for enterprise AI. The past year has seen rapid innovation, and this year will see the same. This has made it more critical than ever to revisit your AI strategy to stay competitive and create value for your customers. From scaling AI agents to optimizing costs, here are the five critical areas enterprises should prioritize for their AI strategy this year. 1. Agents: the next generation of automation AI agents are no longer theoretical. In 2025, they’re indispensable tools for enterprises looking to streamline operations and enhance customer interactions. Unlike traditional software, agents powered by large language models (LLMs) can make nuanced decisions, navigate complex multi-step tasks, and integrate seamlessly with tools and APIs. At the start of 2024, agents were not ready for prime time, making frustrating mistakes like hallucinating URLs. They started getting better as frontier large language models themselves improved. “Let me put it this way,” said Sam Witteveen, cofounder of Red Dragon, a company that develops agents for companies, and that recently reviewed the 48 agents it built last year. “Interestingly, the ones that we built at the start of the year, a lot of those worked way better at the end of the year just because the models got better.” Witteveen shared this in the video podcast we filmed to discuss these five big trends in detail. Models are getting better and hallucinating less, and they’re also being trained to do agentic tasks. Another feature that the model providers are researching is a way to use the LLM as a judge, and as models get cheaper (something we’ll cover below), companies can use three or more models to

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OpenAI’s red teaming innovations define new essentials for security leaders in the AI era

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More OpenAI has taken a more aggressive approach to red teaming than its AI competitors, demonstrating its security teams’ advanced capabilities in two areas: multi-step reinforcement and external red teaming. OpenAI recently released two papers that set a new competitive standard for improving the quality, reliability and safety of AI models in these two techniques and more. The first paper, “OpenAI’s Approach to External Red Teaming for AI Models and Systems,” reports that specialized teams outside the company have proven effective in uncovering vulnerabilities that might otherwise have made it into a released model because in-house testing techniques may have missed them. In the second paper, “Diverse and Effective Red Teaming with Auto-Generated Rewards and Multi-Step Reinforcement Learning,” OpenAI introduces an automated framework that relies on iterative reinforcement learning to generate a broad spectrum of novel, wide-ranging attacks. Going all-in on red teaming pays practical, competitive dividends It’s encouraging to see competitive intensity in red teaming growing among AI companies. When Anthropic released its AI red team guidelines in June of last year, it joined AI providers including Google, Microsoft, Nvidia, OpenAI, and even the U.S.’s National Institute of Standards and Technology (NIST), which all had released red teaming frameworks. Investing heavily in red teaming yields tangible benefits for security leaders in any organization. OpenAI’s paper on external red teaming provides a detailed analysis of how the company strives to create specialized external teams that include cybersecurity and subject matter experts. The goal is to see if knowledgeable external teams can defeat models’ security perimeters and find gaps in their security, biases and controls that prompt-based testing couldn’t find. What makes OpenAI’s recent papers noteworthy is how well they define using human-in-the-middle

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