Haihao Group congratulates CNOOC’s new achievement

As a strategic supplier for CNOOC, Haihao Group is delighted to see CNOOC’s recent accomplishments in the international oil and gas industry. China National Offshore Oil Corporation (CNOOC), through its subsidiary Offshore Oil Engineering Co., Ltd. (COOEC), has secured the EPCIC (Engineering, Procurement, Construction, Installation, and Commissioning) contract for the Phase 4 development of the SHWE gas field in Myanmar. This milestone marks the first time a Chinese company has won an EPCIC contract for an international deepwater oil and gas project at a depth of over 1,000 meters.

SHWE project phase 4- signing ceremony of EPCIC and EPC contract

Breakthrough in Deepwater Oil and Gas Engineering

The SHWE Phase 4 development project, operated by POSCO International, will see natural gas extracted at depths reaching 1,050 meters and transported to China via the China-Myanmar gas pipeline. As the main contractor, COOEC will provide comprehensive solutions including project management, detailed design, procurement, construction, transportation, installation, and pre-commissioning.

COOEC was awarded the competitive front-end engineering design (FEED) contract for the project in September 2023. Leveraging its robust technical capabilities and management expertise, COOEC emerged victorious among numerous international contractors, securing the total EPCIC contract. This achievement sets a precedent for Chinese companies in offering integrated design and contracting solutions in the international offshore oil and gas engineering market.

Advancing Deepwater Technology

In recent years, COOEC has continually advanced its core technologies in deepwater oil and gas engineering. The company has successfully executed several significant projects, including:

The Deep Sea No. 1 Energy Station: The world’s first 100,000-tonne semi-submersible production and storage platform.

Hai Ji No. 2: Asia’s deepest water jacket platform.

Hai Kui No. 1: Asia’s first cylindrical FPSO (Floating Production Storage and Offloading) unit.

COOEC has developed a complete set of deepwater oil and gas engineering technologies, particularly in the design, construction, installation, and commissioning of deepwater floating production facilities. The company boasts a fleet of five deepwater engineering vessels capable of operating at depths of up to 3,000 meters, demonstrating advanced international capabilities in deepwater project execution.

Haihao Group

Proven Track Record in the Asia-Pacific Region

COOEC has established a strong track record in the Asia-Pacific region with successful projects such as:

Indonesia’s MADURA BD Gas Field Development

Myanmar’s ZAWTIKA Oilfield Development

Decommissioning of Thailand CEC’s SKL-C Platform

The company’s project execution and delivery capabilities have been highly recognized. Since 2013, COOEC has engaged in extensive cooperation and exchange with 31 countries and regions along the Belt and Road Initiative, successfully executing nearly 70 projects.

Haihao Group is proud to support CNOOC and celebrate its strategic advancements in the global oil and gas industry. We look forward to continued collaboration and further successes together. For more information about our products and services, please visit our website or contact our sales team.