EPCI contract on two offshore platforms signed

PANO – PTSC Mechanical and Construction Services Company Ltd. (PTSC M&C) and Lam Son Joint Operating Company (Lam Son JOC) have just signed a contract on the engineering, procurement, construction and installation (EPCI) for the two offshore oil rig platforms of Thang Long and Dong Do.

The signing ceremony took place at PetroHotel in Vung Tau City.

The project includes the building of upper structures weighing 1,100 tons each for the two offshore platforms at the 02/97 block of Cuu Long basin, 160 km off Vung Tau Town as well as installing of 15 km of internal pipes and 87 tons of Pipe Line End Manifold (PLEM) and running pilot operation.

Representatives of the two sides at the ceremony unveiled that the contract costs some US$113 million.

At this point, PTSC M&C has nearly finished detailed designs of the upper structures, supports and PLEM.

According the two sides, the project will be implemented as planned and with high quality.

Translated by Thu Nguyen