The contract value is 4 billion dollars! The Qatar BH EPIC EPC project, the largest international offshore oil and gas engineering EPC project awarded to a Chinese company, has been fully launched

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On October 13, CNOOC Offshore Engineering Co., Ltd. (hereinafter referred to as “CNOOC Offshore Engineering”) announced that the kick-off meetings for the Qatar BH EPIC turnkey project were held in Tianjin and Singapore, marking the full commencement of this international offshore oil and gas engineering turnkey project, which involves the largest contract value awarded to a Chinese company. The Qatar BH EPIC EPC project was invested in and developed by Qatar Energy, with a contract value of approximately 4 billion US dollars. The project is located in the Bul Hanine (BH) oil field in Qatar’s territorial waters of the Gulf of Persia, about 100 kilometers east of Qatar’s coastline, with a maximum water depth of around 40 meters. The project scope includes the design, procurement, construction, transportation, installation, and commissioning of over 60 individual offshore oil and gas facilities as well as 40 submarine pipelines; it also involves the renovation of existing platform facilities and the demolition of decommissioned platforms. The amount of steel to be processed exceeds 130,000 tons. The variety of tasks involved and the complexity of the work involved in this project are both record-breaking. According to Liu Rui, assistant to the president of CNOOC Engineering and general manager of the Middle East project team, the project team conducted in-depth studies of the contract terms and technical requirements, systematically identified the key challenges associated with the project. By taking proactive management measures and conducting risk assessments, they developed detailed and thorough implementation plans and quality management strategies. By leveraging the advantages of China’s integrated industrial chain, and through meticulous and standardized oversight as well as strong organizational management, they made every effort to ensure that the project was carried out to high standards and with high quality. It is understood that the Qatar BH EPIC EPC project is another offshore oil and gas field development project in Qatar that CNOOC Engineering has undertaken, following projects such as NFA, NFPS COMP2, ISND5-2, and RUYA. In recent years, CNOOC Engineering has focused on the Middle East market, making full use of the role that projects in this region play as a \"bridgehead\" for overseas projects. It has coordinated the development of the market and project management in the Middle East, establishing strong cooperative relationships with Middle Eastern oil companies such as Saudi Aramco and Qatar Energy. Its capabilities in providing comprehensive international engineering contracts have been highly recognized in the Middle East market. Next, CNOOC Engineering will continue to accelerate its internationalization efforts, integrating its domestic expertise in standardized design, achievements in digital transformation, and the advantages of its complete industrial chain into international project development. It will provide higher-quality, more professional, and more valuable comprehensive solutions for the construction of marine energy infrastructure and economic development under the Belt and Road Initiative, encouraging enterprises along the domestic industrial chain to go global as well, so as to make greater contributions to the sustainable development of global energy.