Chiyoda and Shell sign enterprise framework for engineering and procurement services
- Chiyoda and Shell signed an Enterprise Framework Agreement for engineering and procurement services covering potential future projects globally.
- The EFA is designed to provide timely access to Chiyoda's engineering and procurement expertise as project needs emerge.
- The agreement aims to enable faster mobilization and enhanced integration between the companies, improving cost and schedule confidence.
- Chiyoda and Shell have collaborated on major projects for over fifty years, and Chiyoda emphasizes early-stage partnership and sustainability in its project approach.
Agreement scope
Chiyoda Corporation has signed an Enterprise Framework Agreement with Shell Global Solutions International B.V. to provide engineering and procurement services in support of potential future projects worldwide. The EFA establishes a flexible framework intended to give Shell timely access to Chiyoda's capabilities as project requirements arise.
Intended benefits
The arrangement is designed to enable faster mobilization and enhanced integration between the two companies, which Chiyoda says will support improved cost and schedule confidence and greater predictability in project execution. It is also intended to help Shell respond more effectively to evolving market and project conditions.
Background and positioning
Chiyoda notes a long-standing collaboration with Shell, supporting major projects globally for over fifty years. The company frames the agreement within its stated purpose of "Enriching Society through Engineering Value," its practice of partnering from the earliest stages of project development to pursue "business co-creation," and its mission of achieving "Energy and Environment in Harmony."
Source: Chiyoda
