Singapore firm wins Thai contract

Thu, 18 Nov 2004 | Source: AFP

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

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