German industrial giant Siemens won a tender for a 35-million-euro (US$44.74 million) project in China, as it seeks to expand its oil and gas business in the market.
The project, awarded to Siemens by Yantai Raffles Shipyard in Shandong Province, involves the construction of an offshore drilling platform.
“As one of the world’s largest electrical engineering and electronics companies, we will naturally make efforts to boost our oil and gas business in the Chinese market,” said Christian Lupp, general manager of Siemens Industrial Solutions and Services for Oil & Gas.