Offshore Oil Engineering Co., Ltd. (COOEC) has announced the signing of a landmark EPCI contract with Thailand’s national oil company PTTEP for the Bundled Phases 4 Project, valued at approximately USD 800 million. The award sets a new benchmark for Chinese offshore contractors, marking the largest single EPCI contract ever secured by a Chinese enterprise in Southeast Asia. The contract represents another major milestone for COOEC in the Asia-Pacific region following its successful award of the PIC Phase 4 EPCI project in 2024.

The PTTEP Bundled Phases 4 project, located in water depths of approximately 60 to 80 meters, will be executed under a Long-Term Agreement (LTA) framework. The anticipated scope includes the construction of new wellhead platforms and jackets, transportation and installation of existing topsides, installation of risers and PLEMs, pipeline laying, and platform modification works. As the general contractor, COOEC will deliver a comprehensive EPCI solution encompassing project management, detailed design, procurement, fabrication, transportation, installation, and pre-commissioning.

COOEC is now mobilizing an international project management team and consolidating global resources to ensure safe, high-quality, and efficient execution through refined, standardized, and professional project management practices.