Technip Energies Awarded Detailed Engineering Contract for Thailand's First Carbon Capture and Storage Project

Technip Energies has been awarded a detailed engineering contract for PTTEP's Arthit Carbon Capture and Storage (CCS) facilities project in the Gulf of Thailand by Thoresen Jutal Offshore Engineering Heavy Industries Limited (Thailand).

PTTEP is leading the Arthit CCS Project, which will serve as a pilot for cultivating expertise and driving CCS adoption in Thailand. This project represents a strategic step toward applying the technology to reduce greenhouse gas emissions, in line with government policy, and is recognized under the Nationally Determined Contribution (NDC) Action Plan on Mitigation 2021–2030. This project will leverage existing infrastructure at Arthit field while constructing and installing additional facilities as required. Once operational, its capacity will gradually ramp up to around 1 million tonnes of carbon dioxide per year.

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Technip Energies’ scope includes detailed engineering for new CCS processing units and $\text{CO}_2$ injection facilities with brownfield modifications to the existing Arthit Central Processing Platform. This award follows Technip Energies’ prior engagement on the project, having successfully delivered both the Pre-FEED and FEED phases between 2022 and 2023.

Mario Tommaselli, Senior Vice President Gas & Low Carbon Energies, commented: “This award underscores our long-standing relationship with PTTEP and confirms our proven expertise in engineering and carbon capture solutions. We are proud to contribute to Thailand’s first CCS project, recognized as a national landmark in the country’s decarbonization pathway. We will leverage our global engineering capabilities and CCS know-how to support PTTEP throughout this strategic journey.”

This award was recorded in Q3 2025 in the Technology, Products & Services segment.

About Technip Energies

Technip Energies is a global technology and engineering powerhouse. With leadership positions in LNG, hydrogen, ethylene, sustainable chemistry, and $\text{CO}_2$ management, we are contributing to the development of critical markets such as energy, energy derivatives, decarbonization, and circularity. Our complementary business segments, Technology, Products and Services (TPS) and Project Delivery, turn innovation into scalable and industrial reality.

Through collaboration and excellence in execution, our 17,000+ employees across 34 countries are fully committed to bridging prosperity with sustainability for a world designed to last.

Technip Energies generated revenues of €6.9 billion in 2024 and is listed on Euronext Paris. The Company also has American Depositary Receipts trading over the counter.

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