McDermott, PTSC Consortium Receives Limited Letter of Award for Block B Gas Development Project Offshore Vietnam
HOUSTON, Oct. 31, 2023 /PRNewswire/ -- A consortium comprised of McDermott and Petrovietnam Technical Services Corporation (PTSC) has received a limited letter of award from Phu Quoc Petroleum Operating Company for engineering, procurement, construction, installation (EPCI), and hook-up and commissioning (HUC) services.
- HOUSTON, Oct. 31, 2023 /PRNewswire/ -- A consortium comprised of McDermott and Petrovietnam Technical Services Corporation (PTSC) has received a limited letter of award from Phu Quoc Petroleum Operating Company for engineering, procurement, construction, installation (EPCI), and hook-up and commissioning (HUC) services.
- Under the full project scope, the consortium will provide EPCI and HUC services for a central production platform, living quarters platform, flare tower, and bridges for the Block B gas development project off the southwest coast of Vietnam.
- "Together, we will initiate this important groundwork as we finalize the full project scope and ultimately deliver another world-class project for Vietnam."
- The full project contract is expected to be executed between the parties in early 2024 with an award value of more than $1 billion.