Technip awarded $400M contract by Kuwait Oil Company

Technip was awarded by Kuwait Oil Company (KOC) a contract, worth over USD 400 million, for consultancy services for project management and engineering. This deals with the construction of new oil and gas infrastructure facilities, as well as the upgrading of existing facilities, in Kuwait. Technip will provide services for the next five years with an option for an additional period of one year.

As a world leader in project management, engineering and construction for the energy industry, Technip has decided to leverage its experience gained over the past fifty years for the benefit of energy players, by developing a new expertise focused on Project Management Consultancy services (PMC) and named as Technip PMC. Providing an independent and experienced management team, Technip PMC enables clients to ensure safe and successful execution of their projects. This new contract with KOC is part of this expertise.

Technip will accompany more specifically KOC through different services, including project management, feasibility studies, front-end design, project controls, planning, engineering, procurement, construction management and training of KOC project staff.

Sponsor:

News Category:

Contracts

Other News Items

MAIRE announces major contract wins

MAIRE announces that its subsidiaries TECNIMONT and KT-Kinetics Technology, also thanks to the technological and engineering services provided by NEXTCHEM, have been ...

29-04-2025
Borouge to boost production capacity

Borouge Plc, a leading petrochemicals company that provides innovative and differentiated polyolefins solutions, has today announced a series of strategic asset expansion ...

28-04-2025
Wanhua Chemical signs JV agreement with Petrochemical Industries Company

On April 25, Wanhua Chemical formally signed a joint venture agreement with Petrochemical Industries Company. Under the terms of the agreement, PIC invested USD ...

27-04-2025
TotalEnergies to cease operating its oldest steam cracker in Antwerp

TotalEnergies’ Antwerp platform provides an update on its investments for the future and announces plan to reconfigure its petrochemicals operations to strengthen competitiveness. ...

23-04-2025
HOERBIGER to break ground on new Florida Campus in Florida

HOERBIGER Corporation of America will hold a ceremony to commemorate the groundbreaking of its future home, the HOERBIGER Florida Campus, on Wednesday, April 23rd. Construction ...

22-04-2025
Amogy and JGC to accelerate commercialisation of ammonia cracking catalyst

Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, today announced the first pilot plant deployment of its advanced ammonia cracking catalyst ...

17-04-2025
Clariant teams up with Technip to introduce new steam-to-oil catalyst

Clariant, a global leader in specialty chemicals, today announced the launch of StyroMax UL-100, its most advanced ethylbenzene dehydrogenation catalyst to date. This ...

09-04-2025
Yokogawa Launches OpreX Plant Stewardship

Yokogawa Electric Corporation announces the launch today of OpreXTM Plant Stewardship, the most comprehensive lifecycle service program in the company’s OpreX Sustainable ...

08-04-2025
IndianOil to build mega petrochemical project in Paradip

In a landmark development, Indian Oil Corporation Ltd. (IndianOil) signed a Memorandum of Understanding (MoU) with the Government of Odisha to set up a world-class Petrochemical ...

08-04-2025
BDI BioEnergy to begin construction of biofuel feedstock refinery plant

BDI-BioEnergy International has signed a contract with Ghent Renewables BV to begin the construction of a pioneering biofuel feedstock refinery plant. This facility will ...

04-04-2025