PTSC M&C Bags USD 113 Million Contract in Vietnam

Business & Finance

PTSC Mechanical and Construction Joint Stock Company (PTSC M&C) has won a major detailed engineering, procurement, construction, installation, hook-up and commissioning contract valuing $ 113 million in Vietnam.

The contract has been awarded by Lam Son Joint Operating Company, a joint operating company between PetroVietnam Exploration Production Corporation (PVEP, Vietnam) and Petronas Carigali Overseas Sdn Company (Malaysia).

The scope of work includes 2 wellhead platforms namely Thang Long and Dong Do with topsides weighing approximately 1,100 per each, 15km infield pipeline and 87 ton PLEMs (Pipeline End Manifold) and PLET (Pipeline End Termination). The project completion is scheduled for July 2013 which supports the targeted First Oil in October 2013.

In spite of the tight schedule, PTSC M&C with a dedicated management, experienced and committed project team is striving daily to ensure timely completion of the Project meeting highest safety and quality standards.

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Subsea World News Staff , May 16, 2012;  Image: PTSC M&C