Technip Energies, a global provider of engineering and technology for the energy industry and its transition, and Nipigas, a Russian provider of engineering, procurement and construction management services, announce their intention to create Nova Energies, a joint venture to drive the energy transition journey in Russia. The heads of terms agreement defining the path forward was signed by Arnaud Pieton, chief executive officer of Technip Energies and Dmitry Evstafiev, chief executive officer of Nipigas.
The new joint venture will provide a wide range of expertise, including engineering and design, project documentation and CAPEX estimates (FEED/PD) as well as engineering, procurement, construction, Installation and commissioning (EPC/EPCm) for CO2 removal, carbon capture, clean H2 production, bio energies, bio refineries, biochemistry, ammonia and other energy transition related areas. Nova Energies will be a full-fledged, independent player in the Russian market for the long-term, according to the companies. The venture will include Technip Energies and Nipigas personnel, who will bring their respective areas of expertise and support, with the reported aim of becoming the “best in class” engineering and technology company for the energy transition in Russia.
For more information, visit: www.technipenergies.com
