MAIRE's Tecnimont wins FEED and OBCE contract for Asian petrochemical project
Key highlights
- Tecnimont (MAIRE) was awarded a Front‑End‑Engineering Design (FEED) and Open Book Cost Estimation (OBCE) contract for a petrochemical project in Asia.
- Scope covers development of the engineering design package, definition of key technical requirements, and preparation of cost estimates.
- FEED activities are scheduled to be completed in early 2028.
- The contract is expected to roll into an EPC project subject to the client’s Final Investment Decision.
Contract
Tecnimont, part of MAIRE, has been awarded a Front‑End‑Engineering Design (FEED) and Open Book Cost Estimation (OBCE) contract for a petrochemical project in Asia.
Scope of work
The scope includes development of the engineering design package, definition of key technical requirements and preparation of the cost estimation to support the client in subsequent development phases.
Timeline and next steps
FEED activities are expected to be completed in early 2028. The award is expected to roll over into an EPC contract subject to the client’s Final Investment Decision.
Source: Maire
