Technip Energies (PARIS:TE), through its joint-venture TKJV LLP
with KPSP, announces the signing of a long-term services frame
agreement with Karachaganak Petroleum Operating B.V. (KPO) for the
development of the Karachaganak Field, located in northwest
Kazakhstan near Aksai.
This five-year agreement covers a comprehensive
range of services, from consulting and concept to detailed
engineering, aimed at optimizing and expanding the existing
facilities and infrastructure of one of the largest oil and gas
condensate fields in the world. The project will be executed
through TKJV LLP, Technip Energies’ locally incorporated joint
venture established in 2019 to serve the Kazakh market by
leveraging its engineering and technology capabilities.
Charles Cessot, SVP of T.EN X Consulting
and Products, commented: "We are delighted to strengthen
our relationship with KPO through this engagement. The trust placed
in us for this project demonstrates our expertise and operational
quality for many years in Kazakhstan. This project aligns perfectly
with our ambition to provide cutting-edge and efficient consulting
services.”
Nour Abou Jaoudé, CEO & Chairman of
TKJV LLP, declared: “This is a collaboration for success.
We are deeply honored and humbled by the trust that KPO's CEO, Mr.
Marco Marsili, and H.E. the Minister of Energy of the Republic of
Kazakhstan, Almassadam Satkaliyev, have bestowed upon us. We are
fully committed to supporting the localization of complex
engineering services as part of the country’s ambitious local
content development plans and specially on such an important
project for the Kazakh energy sector and economy.”
About Technip Energies
Technip Energies is a leading Engineering &
Technology company for the energy transition, with leadership
positions in LNG, hydrogen and ethylene as well as growing market
positions in blue and green hydrogen, sustainable chemistry and CO2
management. The Company benefits from its robust project delivery
model supported by an extensive technology, products and services
offering.
Operating in 34 countries, our 15,000 people are
fully committed to bringing our clients’ innovative projects to
life, breaking boundaries to accelerate the energy transition for a
better tomorrow.
Technip Energies shares are listed on Euronext
Paris. In addition, Technip Energies has a Level 1 sponsored
American Depositary Receipts (“ADR”) program, with its ADRs trading
over the counter.For further information: www.ten.com
About TKJV
Created in 2019 to serve the Kazakhstan market,
the joint-venture offers qualified services to execute its clients'
projects from conceptual and feasibility studies to pre-FEED, FEED
to EPC execution, project management, Operations and Maintenance,
digitalization, and more in asset decarbonization. TKJV LLP
combines Technip Energies' engineering and technology capabilities
in supporting the energy transition with the key resources and long
history of KPSP LLC in developing infrastructure projects in
Kazakhstan.
TKJV LLP is firmly committed to the development
and maximization of Kazakh content by engaging in strategic skills
development and training programs to achieve transfer of knowledge
and natural growth expansion.
For further information: www.ten.com/en/tkjv
Contacts
Investor
Relations Media
RelationsPhillip Lindsay
Jason
HyonneVice-President Investor Relations
Press Relations & Social
Media ManagerTel: +44 207 585 5051
Tel: +33 1 47 78 22 89Email: Phillip
Lindsay
Email: Jason Hyonne
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- PR_T.EN KPO Sign_EN
- KPO sign
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