Energy services giant TechnipFMC has won a contract worth between £388million and £777m in Vietnam.
The deal is for construction and commissioning of the largest plant in the country for processing molecules called olefins, which can be used to create plastics.
Up to 1.6million tonnes per year of olefins will be processed at the site on Long Son Island in Vietnam’s Ba Ria-Vung Tau province.
TechnipFMC will carry out licensing, engineering, construction and commissioning of the plant.
Nello Uccelletti, president of the firm’s onshore and offshore business, said: “Our reliable proprietary ethylene technology and proven engineering, procurement and construction capabilities were key factors in this important, highly competitive award and confirms our leadership in this market.
“Technipfmc will ensure, with SK Engineering & Construction, that this ambitious mega project is successfully delivered on time and on budget, meeting the highest safety and quality standards”.