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CNOOC Engineering has announced that the company has signed a $367m EPCI contract with PTTEP International for Myanmar Zawtika Phase 1B project.
The contract including the design, building and offshore installation of four wellhead platforms and laying of four undersea pipelines, and is scheduled to be completed by the end of April 2016.
It is the biggest overseas EPCI contract the company has won according to CNOOC Engineering, and the deal will help the company to strengthen cooperation with Southeast Asian oil companies and further expand in the Southeast Asian market.
Unconventional natural gas has become a global hotspot. It is changing the pattern of the world energy. Shale gas will become one of the three energy resources in the next 20 years. Read More >
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