Technip Energies will set up a joint venture in the United Arab Emirates

(AOF) – Technip Energies and National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company, have signed a Memorandum of Understanding to accelerate the energy transition in the United Arab Emirates (UAE) and other countries in the Middle East Zone North Africa. In this context, the two companies will set up a joint venture.

Technip Energies will contribute its technological know-how, global project management capabilities and innovative solutions from concept phase to project delivery, NPCC will contribute its EPC project management capabilities, regional presence and manufacturing capabilities.

The aim of the strategic partnership is to use the opportunities of the energy transition and to promote best practices in engineering.

It will also strengthen cooperation in blue and green hydrogen projects and related decarbonization projects, CO2 capture, as well as industrial projects in the fields of waste-to-energy, biorefining, biochemistry, ammonia and other topics related to the energy transition.

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