Mott MacDonald and China Petroleum Engineering extend collaboration agreement

Mott MacDonald has extended its partnership with China Petroleum Engineering (CPE) to form a new three party collaboration agreement with China Financing & Investment Property Corporation (CFIPC). This strategic agreement will see the three companies work together to offer comprehensive, customer-focused services across a broad range of sectors.

The three parties intend to pursue opportunities connected to the One Belt, One Road initiative, China’s roadmap for building infrastructure and trade ties. Projects will cover ports, energy, oil and gas, utilities, water treatment, waste management plants, roads, bridges, buildings, pipelines and storage, liquefied natural gas, airports and jetties. The partnership is part of a wider initiative between British and Chinese governments to form closer collaboration on infrastructure. CFIPC will provide funding & management, while Mott MacDonald and CPE will deliver technical, project and cost management services.

The first projects to move forward under the new agreement include a China water treatment development along the Xinjiang silk road in China as well as improvements to ports, roads and infrastructure in Indonesia.

Albert Allan, Mott MacDonald’s Managing Director for oil, gas and petrochemicals, said: “Mott MacDonald has supported public and private companies in oil and gas producing regions for over 50 years. We bring a wealth of experience to the partnership, which will enable successful project delivery by the combined team. Our experience demonstrates the depth of skills available from UK companies.”

Edited from press release by Angharad Lock

Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/20102015/mott-macdonald-and-china-petroleum-engineering-extend-collaboration-agreement-1426/