Project and service provider Technip Energies has announced the five-year renewal of a project management consulting contract worth between €250 million and €500 million in revenue with state-owned Kuwait Oil Company (KOC).
The contract covers, in addition to project management, detailed pre-project engineering and other services provided to the oil group. It aims to “support” KOC in its “major developments,” commented Charles Cessot, vice-president of the group.
This is a “renewal of the first five-year framework agreement that was awarded to Technip Energies by KOC in 2014,” Technip specifies.
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