Technip Energies Awarded PMC Contract in Kuwait
6 January 2023Technip Energies announced in a statement that it has been awarded a large contract for Project Management Consultancy (PMC) by Kuwait Oil Company (KOC).
The five-year framework agreement contract covers front-end engineering design (FEED), project management, and associated services for KOC’s major projects.
This contract represents a renewal of the first five-year framework agreement that was awarded to Technip Energies by KOC in 2014.
Charles Cessot, Senior Vice-President T.EN X of Technip Energies, commented: “We are delighted by the continued confidence shown by KOC with this award to support them on their major developments. This award reinforces the strong and lasting relationship we have built with KOC and reaffirms our outstanding consultancy delivery as well as our long-standing presence in Kuwait.”
A “large” award for Technip Energies is a contract award representing between €250 million and €500 million of revenue. As the framework agreement is call-off in nature, the overall value of the contract will be progressively added to order intake as it is called off by the client.
Related
-
SkyPower Global Inks 1GW Zambia Solar PPA
30 April 2024
-
Retal signs Roshn Sedra building construction deal
30 April 2024
-
Skanska builds multi-family houses in Prague, Czech Republic, for CZK 850M, about SEK 380M
30 April 2024
-
Aramco, China’s Rongsheng plan Saudi liquids-to-chemicals project expansion
29 April 2024
-
Iraqi Deputy Prime Minister and Minister of Oil, Hayyan Visits Zhenhua Oil's Ahdeb Oilfield Project
29 April 2024
-
SEPCO Signs MGS gas booster station Contract with Aramco
29 April 2024