Technip Energies, an engineering and technology provider, has secured a large project management consultancy contract from Kuwait Oil Company (KOC).
The five-year framework agreement, valued between $267 million to $535 million, 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, according to a press release from Technip Energies.
“We are delighted by the continued confidence shown by KOC with this award to support them on their major developments,” noted Charles Cessot, senior vice president of Technip Energies.
“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,” he added.
