Chinese contractor Offshore Oil Engineering Company (COOEC) posted a 42% increase in revenue in the first half of the year to 6.487 billion yuan, ($940 million).
During the period, the company clinched offshore deals worth a combined 18.931 billion yuan, up 68% from the same period last year.
The projects included the engineering, procurement and construction of three liquefied natural gas terminals in Hong Kong, Tianjin and Longkou of Shandong province.
The company implemented 28 EPC projects in the first half this year, comprising 20 for offshore oil and gas development and eight module projects.
The company said it has faced serious operational challenges in the first half caused by the coronavirus pandemic and business environment amid the oil price collapse.
Resulting logistical constraints delayed the arrival of construction materials and workers had to be quarantined, hampering operations.