Technip Energies has been awarded a large contract for project management consultancy by Kuwait Oil Co. (KOC). Such contracts represent €250 million to €500 million (US$263 million to US$526 million) in revenue, the company said in a Jan. 5 press release.
The five-year framework agreement contract covers front-end engineering design, project management, and associated services for KOC’s major projects.
This contract is a renewal of the first five-year framework agreement that KOC awarded to Technip in 2014.
“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,” Charles Cessot, Technip Energies senior vice president, said in the release.
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