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. Enditem