Published by Todd Bush on January 6, 2023
January 05, 2023 01:00 AM Eastern Standard Time
PARIS--(BUSINESS WIRE)--Technip Energies (PARIS: TE) has been awarded a large(1) contract for Project Management Consultancy (PMC) by Kuwait Oil Company (KOC).
The five-year framework agreement contract 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.
Charles Cessot, Senior Vice-President T.EN X of Technip Energies, commented: 'We are delighted by the continued confidence shown by KOC with this award to support them on their major developments. 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.'
(1) A 'large' award for Technip Energies is a contract award representing between €250 million and €500 million of revenue. As the framework agreement is call-off in nature, the overall value of the contract will be progressively added to order intake as it is called off by the client.
>> Additional Reading: Technip Energies Announces Publication Date for full year of 2022 Financial Results and Conference Call
Over the years, Technip Energies has become a contractor of choice for PMC services. Our group has been successful in supporting clients' business objectives and consistently delivering projects with outstanding safety and environmental performance that meet cost, schedule and quality targets.
Learn more at: https://www.technipenergies.com/offering/project-management-consultancy
>> In Company Spotlight: TechnipFMC
Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. The company benefits from its robust project delivery model supported by extensive technology, products and services offering.
Operating in 34 countries, our 15,000 people are fully committed to bringing our client's innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.
Technip Energies is listed on Euronext Paris with American depositary receipts ('ADRs') trading over-the-counter in the United States. For further information: www.technipenergies.com.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🧠 From Mars to AI: Fuel Cells Power $28B Boom 🏆 Svante Technologies Wins Global Award for Breakthrough Carbon Capture Innovation 🚧 California Resources Corporation Breaks Ground ...
Inside This Issue 💰 Where the $6.5 Trillion Goes: Carbon Tech Fights for Funding 🔋 Douglas PUD Commission Cuts Ribbon At Renewable Hydrogen Production Facility 🍁 Quinbrook Acquires First Canadian ...
Inside This Issue 🌎 Are U.S. Setbacks Fueling a Global Push for Decarbonization? 🛢️ “Grand Bargain” Would Result In More Oils ands Emissions, Not Less 🤝 MOU Signed With JGC Group 🧪 IonQ Quantum Co...
Sustainable Jet Fuel Developer Moves Priority From SD to ND Amid Summit Pipeline Delays
Gevo Inc. Plans Sustainable Aviation Fuel Shift From South Dakota To North Dakota Amid Summit Carbon Pipeline Delays Gevo Inc., a Colorado-based developer of sustainable aviation fuel (SAF), annou...
CapturePoint’s CENLA Hub Project Advances On Louisiana’s Short List For Carbon Storage Permitting
CapturePoint Solutions LLC’s CENLA Hub Project Advances On Louisiana Department of Conservation and Energy (C&E) Short List For Carbon Storage Permitting ALLEN, Texas, Oct. 15, 2025 (GLOBE NEW...
Pacific Harbor Line Expands Sustainability Efforts With Remora Partnership
Anacostia Rail Holdings (ARH) is pleased to announce that its Pacific Harbor Line (PHL) subsidiary has entered into a development agreement with Remora, a Michigan-based climate technology startup ...
CATACARB® Wins Carbon Remover Award At Carbon Capture Canada 2025
CATACARB is proud to announce it has been awarded the Carbon Remover Award at Carbon Capture Canada (Canada's National Carbon Capture and Storage Event) held in Edmonton. The Carbon Remover Award r...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.