Petronas awards Technip flexible pipe framework agreement
Technip has secured a five year framework agreement with PETRONAS Carigali Sdn Bhd (PCSB) for engineering, procurement, construction and installation (EPCI) or supply-only of flexible pipes for PCSB’s projects in Malaysia. This framework agreement further strengthens our long-standing relationship with our key client PETRONAS.
Asiaflex Products Sdn Bhd, Technip’s flexible pipe manufacturing plant located in Johor, Malaysia, will execute the framework agreement and manage the experienced project teams in Kuala Lumpur as well as the regionally-dedicated construction vessel, Deep Orient, which will in all, provide PETRONAS with a unique one stop solution for cost-effective field developments.
Kwee Keong Lim, President of Technip in Asia Pacific, commented: "Local content is of strategic importance to Technip. This framework agreement allows the long-term development of talents while helping in cost-effective solution for our client through the deployment of flexible pipe technology in both green and brownfield developments. This initiative is clearly in line with the guiding principles by which we do business and we look forward to support PETRONAS through the term of this agreement."
Adapted from press release by Hannah Priestley-Eaton
Read the article online at: https://www.worldpipelines.com/business-news/06112014/petronas-awards-technip-flexible-pipe-framework-agreement/
You might also like
Trenchless technology hands on: TRACTO gives insight into the future of pipeline construction
From 15-19 April 2024, the popular "Hands On Days" took place for the 12th time at the company's headquarters in Lennestadt-Saalhausen, providing a unique insight into the world of trenchless technology.