COOEC(SH:600583) 智通财经网·2025-10-24 15:47Core Viewpoint - The company has signed a contract with Thailand's PTTEP for the Bundled Phases 4 EPCI project, which includes the construction of wellhead platforms and subsea pipelines, with an estimated contract value of approximately $800 million [1] Group 1: Project Details - The project will be executed under a long-term agreement model, with the owner confirming the workload for wellhead platforms and subsea pipelines for offshore delivery from 2027 to 2029 [1] - The company will be responsible for design, procurement, construction, offshore transportation, installation, and commissioning as part of the overall contracting work [1] Group 2: Client Information - PTTEP is a state-owned energy company in Thailand, primarily engaged in domestic and international oil exploration and production activities [1] - By the end of 2024, PTTEP is expected to account for 69% of Thailand's total oil and gas production [1] Group 3: Strategic Importance - This project marks the company's second offshore engineering contract for PTTEP, providing stable overseas business volume during the 14th Five-Year Plan period [1]