4-bln-USD offshore energy project launched in Qatar


TIANJIN, Oct. 13 (Xinhua) -- The BH EPIC project in Qatar, which has a contract value of about 4 billion U.S. dollars, was launched officially on Monday, becoming the largest international offshore oil-and-gas engineering, procurement, installation and construction (EPIC) project undertaken by a Chinese enterprise to date.

The announcement was made by Offshore Oil Engineering Co., Ltd. (COOEC), the project's general contractor.

With investment from and developed by QatarEnergy, the project is located in the Bul Hanine (BH) oilfield in the Qatari waters of the Persian Gulf, about 100 kilometers east of the country's coastline. It has a maximum water depth of approximately 40 meters.

Beyond its record-breaking contract value, the project also stands out for its unprecedented scope and technical complexity. It includes more than 60 offshore oil-and-gas facilities, as well as 40 subsea pipelines and cables, and covers the modification of existing platforms and the decommissioning of obsolete facilities.

The full-scale launch of the BH EPIC project will deepen energy cooperation between China and Qatar, and play an important role in advancing energy partnerships among Belt and Road countries, according to COOEC.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Ukraine anti-corruption body investigates former senior presidential aide
Turkey's Erdogan says Kurdish forces in Syria must lay down arms and disband now
Spanish train drivers call for strike after deadly derailments
Targeted by Trump, Fed's Cook is a fighter with the scars to prove it
US Supreme Court considers Trump's bid to fire Fed's Lisa Cook
US envoy Witkoff says he will meet with Putin on Thursday
Germany arrests two on suspicion of supporting pro-Russian Donetsk, Luhansk groups
Syria's Rifaat al-Assad, the 'butcher of Hama', dies at 88
Nigerian troops free 62 hostages, kill two militants in northwest operations
Factbox-What are the military assets in the Arctic?

Others Also Read