Nantong Sinopacific Offshore & Engineering (SOE) has delivered the first modules built for oil company Total, which SOE believed laid the foundation for further co-operation with Total on the Yamal project.
Two modules were delivered on 22 July and will be installed on a Floating Production Unit (FPU) built by Hyundai Heavy Industries, a statement of SOE said on 30 July. The FPU was ordered by Total for deployment at the Moho Nord field off the coast of the Republic of the Congo.
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SOE won the module order in February 2014, which was the first subcontract that Total had ever awarded to a Chinese shipyard.
Simon Liang, chairman and CEO of SOE, said that China attracts American and European petroleum companies as the country has advantages in labour costs, with comprehensive manufacturing capabilities being continuously improved.
This post was sourced from IHS Maritime 360: View the original article here.