Technip Energies Awarded an Superior Biofuels Unit and a Inexperienced Hydrogen Unit at Galp Sines Refinery.
Technip Energies (PARIS: TE) has been awarded Engineering, Procurement Providers and Development Administration (EPsCm) contracts by Galp for a sophisticated biofuels unit and a inexperienced hydrogen unit for its Sines refinery in Portugal. Each tasks are a part of Galp’s program to scale back the carbon footprint of the refinery and its merchandise.
The Superior Biofuels Unit, promoted by the three way partnership of Galp (75%) and Mitsui (25%), can have a 270 ktpa capability and can produce renewable diesel and sustainable aviation gasoline (SAF) from bio-feedstock and waste residues and can enable Galp to keep away from c. 800 ktpa of greenhouse fuel emissions. For this unit, Technip Energies will work in consortium with Technoedif Engenharia, a big engineering agency in Portugal, to finish the EPsCm undertaking.
The Inexperienced Hydrogen Unit, composed of a 100 MW electrolysis plant, will produce as much as 15 ktpa of renewable hydrogen, utilizing proton alternate membrane (PEM) electrolyzers which shall be provided by Plug Energy. This unit will enable the alternative of c. 20% of the present gray hydrogen consumption of Sines refinery and can result in greenhouse fuel emissions discount of c. 110 ktpa.
Each items signify a gross funding estimated at €650 million and can remodel the Sines refinery into probably the most vital low-carbon platforms in Portugal.
Marco Villa, Chief Working Officer of Technip Energies, commented:
The Closing Funding Choice for these two vital tasks is a significant step taken by Galp to remodel the refining trade in Portugal.
“Technip Energies, who has been supporting Galp technique because the early phases of these two tasks, is now delighted to be chosen as a associate for the execution section of each. This funding is one other instance of how Technip Energies allows the decarbonization of the vitality trade by means of collaboration, innovation and expertise integration”.
About Technip Energies
Technip Energies is a number one Engineering & Know-how firm for the vitality transition, with management positions in Liquefied Pure Fuel (LNG), hydrogen and ethylene in addition to rising market positions in blue and inexperienced hydrogen, sustainable chemistry and CO2 administration. The corporate advantages from its sturdy undertaking supply mannequin supported by in depth expertise, services and products providing.
Working in 35 international locations, our 15,000 persons are absolutely dedicated to bringing our consumer’s modern tasks to life, breaking boundaries to speed up the vitality transition for a greater tomorrow.
Technip Energies is listed on Euronext Paris with American depositary receipts (“ADRs”). For additional info: www.technipenergies.com.
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Technip Energies Awarded an Superior Biofuels Unit and a Inexperienced Hydrogen Unit at Galp Sines Refinery, Paris, October 5, 2023
