Singapore firm wins Thai contract
Singapore firm wins Thai contract
SINGAPORE: Singapore SembCorp. Industries Ltd. said Wednesday
it had won a US$112 million contract to build an offshore
platform for Thailand's national oil firm, PTT Public Company.
The platform will be built by SembCorp's offshore engineering
unit, SMOE Pte. Ltd., and the Asian arm of Italian oil services
company Saipem.
The platform is located in the Gulf of Thailand, about 180
kilometers (111.6 miles) offshore and is meant for Thailand's
third gas transmission pipeline to be completed by June 2006.
SMOE's portion of the contract amounts to $112 million. The
company will perform the engineering, procurement and fabrication
of the platform, including the offshore hook-up and pre-
commissioning. -- AFP