Technip Energies’ hit by exit from Russian Arctic LNG project

Last fall, the French company signed a deal to leave the liquefied natural gas project Arctic LNG 2 led by Moscow-listed gas producer Novatek in the first six months of 2023.

By Dina Kartit, Reuters, Lina Golovnya, Reuters March 2, 2023
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French oil and gas services provider Technip Energies announced on Thursday lower annual revenue and guidance for 2023, citing the impact of its exit from a major LNG project in Russia.

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