Fossil Energy – Vietnam
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.
The full project contract is expected to be executed between the parties in early 2024 with an award value of more than $1 billion.
