The group had to freeze an ambitious recruitment plan, the unions report.
In the wheel of TotalEnergies in Siberia, the French engineering company Technip Energies sees one of its very large projects frozen (or at the very least delayed), a potential future contract falling through with the war in Ukraine and the sanctions that followed, and one of its main markets to close. The group’s share price has lost nearly 30% since mid-February. Russia contributed 15% of its Ebit (earnings before interest and taxes).
“Technip Energies is far from being a pure player in Russian LNG (liquefied natural gas)”, defended its managing director, Arnaud Pieton, during a meeting with analysts on March 3. It prevents. If management has to point this out, it is because Technip Energies has stood out in recent years as the assembler of the Siberian Yamal LNG terminal, operated by the Russian Novatek and of which TotalEnergies is a partner. A very technical giant project carried out in very harsh conditions, which the French oil services group…
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