LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Oct. 15, 2019-- TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a significant(1) contract by PetroVietnam Gas for the Engineering, Procurement and Construction (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long basin in Vietnam.
The scope of the contract covers engineering and installation of 118 kilometers of rigid pipeline as well as the fabrication of subsea structures to tie back the existing Nam Con Son 2 Phase 1 gas pipeline to the Long Hai Landfall Station.
Arnaud Piéton, President Subsea at TechnipFMC, commented: “We are extremely pleased to have been entrusted with the Nam Con Son 2 Phase 2 pipeline contract. This pipeline collects and transports gas from several reserves to help meet the demand in Southeast Vietnam, and we look forward to collaborating with PetroVietnam Gas on this project.”
(1)For TechnipFMC, a “significant” contract is between $75 million and $250 million
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About TechnipFMC
TechnipFMC is a global leader in subsea, onshore/offshore, and surface projects. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients’ project economics.
We are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our clients in developing their oil and gas resources.
Each of our more than 37,000 employees is driven by a steady commitment to clients and a culture of purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved.
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Source: TechnipFMC
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