Core Viewpoint - The company has signed a contract with Thailand's PTTEP for a bundled EPCI project, marking a significant step in its overseas operations with an estimated contract value of approximately $800 million [1] Group 1: Contract Details - The contract involves the design, procurement, construction, offshore transportation, installation, and commissioning of wellhead platforms and subsea pipelines [1] - The project will be executed under a long-term agreement, with the owner confirming the workload for offshore delivery from 2027 to 2029 [1] - This is the second offshore engineering contract the company has undertaken for PTTEP, indicating a strengthening partnership [1] Group 2: Company and Industry Context - PTTEP is a state-owned energy company in Thailand, responsible for 69% of the country's total oil and gas production by the end of 2024 [1] - The project construction period is set from 2025 to 2029, providing the company with stable overseas business during the 14th Five-Year Plan period [1]

Core 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]