Companies sign Memorandum of Understanding to bring joint solutions to the market
Black & Veatch and China Tianchen Engineering Corporation (TCC) have announced efforts to jointly market and pursue gas, chemical and fertilizer infrastructure projects.
The companies will cooperate in developing engineering, procurement and construction (EPC) opportunities throughout Asia including Indonesia, Thailand, Vietnam, Singapore, Myanmar, Bangladesh, Pakistan, Kazakhstan and Tajikistan. On select pursuits, TCC will also explore obtaining financing for the project.
“For decades we have been working closely with Chinese contractors and equipment providers delivering successful projects beyond China’s borders,” said Rochman Goswami, Vice President and Managing Director – Asia, Oil & Gas. “Partnering with TCC – China’s first chemical design institute – will accelerate our ability to bring our oil & gas technology to markets in Asia through a technically advanced and cost effective EPC solution.”
“Black & Veatch’s reputation and experience in the global contracting and oil & gas sectors will help TCC create compelling international EPC solutions for our clients,” said Deng Zhaojing, Vice President, TCC. “This partnership is one that will allow us to continue to expand our operations in other parts of the world in line with China’s One Belt, One Road Initiative.”
The non-exclusive partnership will explore opportunities in areas including natural gas processing, urea and other chemical processing, Sulfur Recovery Units (SRU), and Syngas and Fischer Tropsch technologies.
TCC is a Chinese EPC contractor of record in the chemical, energy and oil & gas industry. It has been operating for over 60 years in over 30 countries, and was China’s first chemical (engineering) design institute.
About China Tianchen Engineering Corporation
China Tianchen Engineering Corporation Co. Ltd (abbreviated as TCC), founded in 1953, is one of the leading international engineering corporations in the world. TCC provides engineering consultancy, design, procurement, construction management and commissioning supervision. Listed as one of the top 225 largest global engineering EPC contractors and top 200 largest global design firms by America’s Engineering News-Record (ENR), TCC accomplished thousands of projects within and outside of China, throughout Asia, Europe, Africa, America and Antarctica, over thirty countries and areas in total.
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About Black & Veatch
Black & Veatch is an employee-owned, global leader in building critical human infrastructure in Energy, Water, Telecommunications and Government Services. Since 1915, we have helped our clients improve the lives of people in over 100 countries through consulting, engineering, construction, operations and program management. Our revenues in 2018 were US$3.5 billion. Follow us on social media.