Technip is understood to have beaten rivals Saipem and Subsea 7 and a confirmation could be immintent, sources said.

The potential new award follows the French contractor confirming a contract win from China’s Offshore Oil Engineering Corporation (COOEC) for shallow water pipelay work for giant Liwan 3-1 gas field in the same sea area. The workscope covers a total 46.8 kilometres of pipelines to link the Panyu 34-1, Panyu 35-2 and Panyu 35-1 gas fields and associated equipment to be installed in water depths of between 195 and 338 metres.

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