A multiphase pumping system for transporting a fluid includes a multiphase pump configured to increase pressure within the fluid and a recuperator in fluid communication with the multiphase pump. The recuperator is configured to remove thermal energy from a fluid upstream of the multiphase pump and is further configured to add thermal energy to a fluid downstream of the multiphase pump. The multiphase pumping system further includes a cooler configured to remove thermal energy from the fluid upstream of the multiphase pump.