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