CNOOC subsidiary, China Offshore Oil Engineering Co (COOEC), has signed a contract for the construction of a wellhead platform and subsea pipelines for Thailand’s PTTEP. The contract, worth approximately $800m, is for the Bundled Phases 4 EPCI turnkey platform and marine management construction work package. The project will be executed under a long-term agreement model. PTTEP stated that the offshore delivery of the wellhead platforms and subsea pipelines will be between 2027 to 2029 through annual orders. COOEC’s scope will be the design, procurement, construction, offshore transportation, installation, and commissioning of the EPCI deal. This is the second offshore engineering EPCI project undertaken by COOEC for PTTEP. The entire project will take place from 2025 to 2029. The previous project was the construction of four wellhead platforms for the Zawtika 1B gas field off Myanmar. This award comes soon after the announcement that COOEC won an EPC contract worth around $4bn for work on QatarEnergy’s Bul Hanine offshore oil field. The project scope includes the design, procurement, construction, transportation, installation, and commissioning of over 60 individual offshore oil and gas facilities and 40 subsea pipelines and cables, as well as the retrofitting of existing platforms and decommissioning of abandoned platforms. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsChina Thailand