LONDON & PARIS & HOUSTON--
(Press Release Power)--TechnipFMC (NYSE: FTI) (PARIS: FTI) has been gave a significant(1) contract by PetroVietnam Gas for the Engineering, Procurement and Edifice (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long sink in Vietnam.
The choice of the bond covers engineering and fitting of 118 kilometers of rigid pipeline as well as the construction of subsea assemblies to tie back the current Nam Con Son 2 Phase 1 gas tube to the Wide Hai Landfall Post.
Arnaud Pi©ton, President Subsea at TechnipFMC, commented: œWe are very 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 request in Southeast Vietnam, and we air onward to cooperating with PetroVietnam Gas on this project.
(1)For TechnipFMC, a œimportant 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 customers' project economics.
We are exclusively positioned to deliver greater competence across project lifespans from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new potentials for our clients in developing their oil and gas resources.
Every of our more than 37,000 employees is driven by a steady commitment to clients and a culture of decisive revolution, interesting industry conventions, and reconsidering how the best fallouts are reached.
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Source: https://www.technipfmc.com/en/media/press-releases/2019/10/technipfmc-awarded-significant-subsea-contract-for-petrovietnam-gas-nam-con-son-2-phase-2-gas-pipeli
