The impending award comes in the wake of a decision by sister company China National Offshore Oil Corporation (CNOOC) to focus on the TLP solution to develop its Liuhua 11-1 and Liuhua 16-2 oilfields, with limited consideration now being given to other options.
Sources said the two contractors are understood to have formed a consortium led by COOEC with Technip as its partner to carry out the FEED following intense final clarification talks in Shekou of Shenzhen city, Guangdong province, last week to conclude a deal.
CNOOC
