Técnicas Reunidas
One of the world's leading engineering and construction companies providing sustainable solutions..
We contribute to a better world by applying efficient techniques that meet the demand of society.
The competitive advantage that characterizes us is, in large part, due to the experience we acquire in the execution of our projects and is reflected in the continuous updating of our technology.
Our goal as a company is to meet today's needs without compromising future generations.
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TR's objective is to deliver long-term and sustainable value to its shareholders.
Coastal Bend LNG today announced it has selected Técnicas Reunidas for the front-end engineering and design (FEED) of its planned natural gas liquefaction and export facility along the Texas Gulf Coast.
Técnicas Reunidas will work on the FEED for multiple large-scale trains. Coastal Bend LNG announced last year that ConocoPhillips’ Optimised Cascade® (OCP) process will be used in the development of the project, as it meets its objective of producing cost-competitive liquefied natural gas (LNG) while mitigating greenhouse gas emissions (see Coastal Bend LNG press release).
Técnicas Reunidas has developed in the past a FEED for a natural gas liquefaction plant for Venture Global in Louisiana and an EPC (engineering, procurement and construction) of a liquefaction plant in Damietta, Egypt, for SEGAS-Union Fenosa.
The project that Técnicas Reunidas will execute for Coastal Bend LNG aligns with three of the main pillars of its current SALTA strategic plan, for which the Spanish company reported a high level of compliance at its recent Investor Day: the promotion of service contracts, the strengthening of its presence in the US market and the development of decarbonization activities.
The company has reinforced its presence in the US market by establishing a business unit focused exclusively on North America and opening a permanent office in Houston.
Currently, Técnicas Reunidas’ portfolio of potential projects in North America amounts to €28 billion over the next two years, representing one-third of the total value of its global portfolio.
“Técnicas Reunidas brings impressive expertise in engineering and design across many process technologies, including LNG and industrial decarbonization, and share our mission to provide low-carbon energy to the world,” said Nick Flores, CEO of Coastal Bend LNG. He added, “Our collaboration with Técnicas Reunidas and ConocoPhillips, and their combined experience in this space, will enable us to maximize our facility’s efficiency and economic targets, while minimizing our carbon intensity.”
“Coastal Bend LNG exemplifies how we, along with our customers and technology providers, can develop lower carbon LNG by applying decarbonization innovations to meet the evolving expectations of LNG end-markets,” said Arthur Crossley, Deputy CEO and CCO, Técnicas Reunidas.
About Coastal Bend LNG
Coastal Bend LNG is a privately held energy infrastructure development company redefining LNG production with integrated carbon capture and storage to supply the world with low-carbon American energy to the world.
For more information, visit www.coastalbendlng.com.
About Técnicas Reunidas
Técnicas Reunidas is a global engineering company that has developed more than 2,600 projects in over 70 countries throughout its 65-year history.
It focuses on the design and construction of large industrial plants dedicated primarily to the production of clean fuels, natural gas, and chemical products.
The company is also at the forefront of technologies and solutions related to energy transition, the circular economy, and the decarbonization of facilities.
With a workforce of nearly 14,000 employees, most of whom are highly qualified engineers, Técnicas Reunidas’ headquarters in Spain is an important center of engineering excellence.
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