Technip Energies (PARIS:TE), in consortium with
Turner Industries, has been awarded the Engineering, Procurement,
and Construction (EPC) contract by ExxonMobil Low Carbon Solutions
Onshore Storage LLC. Technip Energies will oversee the engineering
and procurement while Turner Industries will be responsible for the
construction.
The contract covers ExxonMobil Low Carbon
Solutions’ plans for the delivery of a Carbon Capture, Utilization
& Storage (CCUS) system that could condition, compress, and
transport, for eventual storage, up to 800,000 metric tons per year
of CO2 from a manufacturing plant located in Convent, Louisiana,
and owned by Nucor Corporation, North America’s largest steel
producer and recycler.
The Nucor manufacturing site produces direct
reduced iron (DRI), a raw material that is mixed with recycled
scrap at Nucor steel mills, which make higher grades of steel
products, including automobile parts, household appliances, and
tools and machinery. The CCUS system is designed to enable the
Nucor facility to produce DRI with up to 80% less greenhouse gas
emissions than traditional blast furnace iron production.
ExxonMobil selected Technip Energies to perform
the Front-End Engineering Design (FEED), and together with Turner
Industries worked to solidify the EPC execution approach.
Christophe Malaurie, SVP Decarbonization
Solutions of Technip Energies, commented: “This award is a
testament of our leading expertise in delivering efficient CCUS
solutions. By supporting ExxonMobil’s planned emissions reduction
project at the Nucor direct reduced iron plant, we together with
our partner Turner Industries, are directly contributing to
emissions reductions of hard-to-abate industries.”
Mark Brittain, President of Construction
for Turner Industries, said: "Building on our history of
successful collaborations with ExxonMobil, Turner Industries is
honored to contribute to this significant carbon capture and
storage project. This aligns with our commitment to delivering
innovative solutions in the carbon capture and storage space and
advancing sustainable industrial processes. We are excited to
partner with Technip Energies and ExxonMobil on this critical
project, leveraging our construction expertise to support Nucor
Corporation's goal of net-zero emissions by 2050."
About Technip Energies
Technip Energies is a leading Engineering & Technology
company for the energy transition, with leadership positions in
Liquefied Natural Gas (LNG), hydrogen and ethylene as well as
growing market positions in blue and green hydrogen, sustainable
chemistry and CO2 management. The company benefits from its robust
project delivery model supported by extensive technology, products
and services offering.
Operating in 34 countries, our 15,000 people are fully committed
to bringing our client’s innovative projects to life, breaking
boundaries to accelerate the energy transition for a better
tomorrow.
Technip Energies shares are listed on Euronext Paris. In
addition, Technip Energies has a Level 1 sponsored American
Depositary Receipts (“ADR”) program, with its ADRs trading
over-the-counter. For further information: www.ten.com.
About Turner Industries For over 60 years,
Turner Industries has provided turnkey industrial services and
solutions to the companies that produce fuel, energy, and the
materials essential to modern life. Turner offers a “ONE Solution
for Your Success” approach for heavy industrial construction,
maintenance, turnarounds, pipe and module fabrication, equipment,
rigging and specialized transportation, and associated specialty
services. For further information: www.turner-industries.com
Contacts
Investor
relations Phil Lindsay Vice-President Investor
RelationsTel: +44 20 7585 5051Email: Phillip Lindsay |
Media
relations Jason HyonnePress Relations & Social Media
ManagerTel: +33 1 47 78 22 89Email: Jason Hyonne |
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please see the Company’s risk factors set forth in the Company’s
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- PR_T.EN CCUS XOM Nucor_EN
- Technip Energies and Turner Industries Awarded Contract by
ExxonMobil for Louisiana Carbon Capture and Sequestration
Project
Technip Energies NV (EU:TE)
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