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TE — Technip Energies News Story

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Technip Energies jumps on media report it bids in a SpaceX rocket tender

BUZZ-Technip Energies jumps on media report it bids in a SpaceX rocket tender

** Shares in Technip Energies TE.PA rise 6.6%, with one trader pointing to a media report the French company is in the running for a potential $10 billion (€8.6 billion) rocket fuel deal with SpaceX SPCX.O

** French broadcaster BFM says the engineering and technology group is bidding in a SpaceX tender to build a fuel production site at the company's $100 billion base in Louisiana

** Technip Energies declined to comment on the report

** SpaceX's CEO Elon Musk is due to announce the final supplier later on Tuesday, according to BFM

** Shares in Technip sit at the top of France's SBF 120 .SBF120 index

** If gains hold, the shares head for their biggest single-day jump in about five months

(€1 = $1.1604)


(Reporting by Gianluca Lo Nostro)

((gianluca.lonostro@thomsonreuters.com;))

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