Técnicas Reunidas, S.A. is a Spanish multinational engineering and construction firm specializing in engineering, procurement, and construction (EPC) services for large-scale industrial plants, with a primary focus on the energy sector including oil refining, petrochemicals, natural gas processing, power generation, and infrastructure projects.
Established in 1959 through a partnership that led to its current form in 1972, the company has completed more than 2,600 projects across over 70 countries in its 65+ years of operation. It maintains engineering centers in Spain, India, Abu Dhabi, and Turkey, and employs over 13,000 professionals representing 91 nationalities. International operations account for the majority of its activities, with significant presence in the Middle East, Latin America, Asia, and other regions.
The company develops and licenses proprietary technologies, notably in hydrometallurgy such as the ZINCEX process for zinc production, and is expanding into decarbonization solutions including low-carbon hydrogen, carbon capture, bioenergy, and circular economy initiatives. It serves major national and international oil companies as a trusted EPC contractor for turnkey projects.
Headquartered in Madrid, Spain, Técnicas Reunidas is publicly listed on the Madrid Stock Exchange (BMAD: TRE). It operates as the holding company for a group of specialized subsidiaries and recently announced the segregation of its power division. As a key player in the global energy infrastructure market, it supports both traditional hydrocarbon projects and the ongoing energy transition.
Also known as TRSA, Técnicas Reunidas, Lummus Española, S.A., and TR.
chemXplore tracks 13 projects involving Técnicas Reunidas, of which 12 are active.
Técnicas Reunidas's role on them: FEED, EPC, EPCI, and EPCM.
8 new construction and 4 expansion.
Expected to start operating, per year; 2 of the active projects carry no start-up date yet.
Contractors, licensors, and offtakers are recorded on all 12 of them For subscribers
Targeting: Carbon dioxide (4), Hydrogen (4), Ethane (3), Natural gas (3), Crude oil (2), Methanol (2)
FEED covers electrolyzers, ASUs, green ammonia loop, desalination, >100,000 t storage and port pipelines; FEED may convert to EPC subject to FID; projected capex ~$1.8bn.
FEED awarded for Norfolk e‑NG plant using ~250 MW electrolysis to produce synthetic methane for export to Japan; FID targeted 2027 and commercial operations by 2030.
Q2 results: revenue PLN 76.5bn, LIFO EBITDA PLN 13.9bn, net profit PLN 7.7bn; record foreign retail profits and H1 capital expenditure PLN 14.7bn.
Strong H1 profits and cash flow; Q2 free cash flow hit by $13.6bn working-capital build. Dividend declared and key upstream/gas projects on track for 2026–27 completion.
Q2 EBIT €73m (5% margin); H1 orders €6bn and backlog €14bn; >€5bn UAE sole‑contract win; Greenlight gas+CCS plant to power a META data centre; guidance above €6.5bn revenue.
First of two final heavy modules reached Antwerp after months trapped in the Strait of Hormuz; second expected shortly as installation and commissioning enter peak phase.
Selected under France’s national support scheme for low‑carbon hydrogen production, a development framed as a milestone toward delivery.
Consortium to build a 932 MW combined‑cycle gas plant in Alberta to power META’s large AI data centre; plant will include carbon capture and can be doubled to 1,864 MW.
By country, the most active first.
The 8 with the most active projects, of 13 countries.
