Petronas has awarded Technip a five-year agreement for an Engineering, Procurement, Construction & Installation (EPCI) deal for projects in Malaysia.
The contract will see the French services company supply flexible pipes and is the third new contract deal for the firm confirmed this week.
Asiaflex Products, Technip’s flexible pipe manufacturing plant located in Johor, Malaysia, will execute the framework agreement.
It will also manage the experienced project teams in Kuala Lumpur.
Kwee Keong Lim, president of Technip in Asia Pacific, said: “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,” he said.
“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.”