Kuwait Oil Company (KOC) has awarded a large project management consultancy (PMC) contract to Technip Energies for various of the company’s major initiatives.
The new framework agreement includes services related to front-end engineering design (FEED), project management, and more to be carried out in the next years.
This contract is considered a renewal of a previous five-year agreement received by Technip Energies from KOC in 2014.
According to Technip Energies’ classification, an awarded contract’s value to be considered large should range from €250m and €500m in earnings.
For more information on KOC’s projects, please visit EICDataStream.