Technip Energies wins KOC project management work
- Date: 05-Jan-2023
- Source: Energy Voice
- Sector:Technology
- Country:Kuwait
Technip Energies wins KOC project management work
Technip Energies has won a project management consultancy (PMC) contract from Kuwait Oil Co. (KOC).
The company did not provide a specific value for the contract, which it described as large. It defines this as between 250 million euros ($265mn) and 500mn euros ($530mn).
The framework contract runs for five years. It extends a previous agreement between the two companies from 2014. It functions as a call-off agreement, with the value of the contract determined by the client’s requests.
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