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
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
About
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.
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 Vice-President Investor Relations Tel: +44 20 7585 5051 Email: | Media relations Jason Hyonne Press Relations & Social Media Manager Tel: +33 1 47 78 22 89 Email: Jason Hyonne |
Important Information for Investors and Securityholders
Forward-Looking Statements
This press release contains forward-looking statements that reflect Technip Energies’ (the “Company”) intentions, beliefs or current expectations and projections about the Company’s future results of operations, anticipated revenues, earnings, cashflows, financial condition, liquidity, performance, prospects, anticipated growth, strategies and opportunities and the markets in which the Company operates. Forward-looking statements are often identified by the words “believe”, “expect”, “anticipate”, “plan”, “intend”, “foresee”, “should”, “would”, “could”, “may”, “estimate”, “outlook”, and similar expressions, including the negative thereof. The absence of these words, however, does not mean that the statements are not forward-looking. These forward-looking statements are based on the Company’s current expectations, beliefs and assumptions concerning future developments and business conditions and their potential effect on the Company. While the Company believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting the Company will be those that the Company anticipates.
All of the Company’s forward-looking statements involve risks and uncertainties, some of which are significant or beyond the Company’s control, and assumptions that could cause actual results to differ materially from the Company’s historical experience and the Company’s present expectations or projections. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those set forth in the forward-looking statements.
For information regarding known material factors that could cause actual results to differ from projected results, please see the Company’s risk factors set forth in the Company’s 2023 Annual Financial Report filed on
Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. The Company undertakes no duty to and will not necessarily update any of the forward-looking statements in light of new information or future events, except to the extent required by applicable law.
Attachments
- PR_T.EN CCUS XOM Nucor_EN
Technip Energies andTurner Industries Awarded Contract by ExxonMobil forLouisiana Carbon Capture and Sequestration Project
![](https://ml-eu.globenewswire.com/media/YTdiOTRhY2ItNmJiYS00ODk5LWIxMzctNjViZGE0MWRlMzQyLTEwMTE1Njc=/tiny/TECHNIP-ENERGIES-N-V-.png)
Technip Energies and Turner Industries Awarded Contract by ExxonMobil for Louisiana Carbon Capture and Sequestration Project
![](https://ml-eu.globenewswire.com/media/8351dc3f-0dfd-4adb-bfc1-0bc9dfea399b/medium/technip-energies-and-turner-industries-awarded-contract-by-e.jpg)
Technip Energies and Turner Industries Awarded Contract by ExxonMobil for Louisiana Carbon Capture and Sequestration Project
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