"WE are set to not just navigate the energy transition, but to thrive in the transition," was the main message of Technip Energies chief executive-elect Arnaud Pieton to analysts during a four-hour capital markets event on 28 January. Describing itself as an energy and technology company, Technip Energies will be spun out of Tech-nipFMC - its shares are due to start trading on the Euronext market on 16 February - with about 15,000 employees and headquarters in Paris. While liquefied natural gas projects will remain a core revenue and profit driver for the asset-light company in the short and medium term, it predicts major growth in the years and decades ahead in the hydrogen, sustainable chemistry, carbon-free energy solutions and decarbonisation markets.
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