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COOEC Signs Contract with SpecTec

Maritime Activity Reports, Inc.

August 9, 2011

China Offshore Oil Engineering Corporation (COOEC) signed a contract with SpecTec Asia Pacific East Ltd, SpecTec Group Hong Kong subsidiary. The contract is relevant to the supply of AMOS Maintenance and Procurement modules for six Offshore Support Vessels, two pipelay vessels and one crane barge. AMOS M&P will integrate management of maintenance work and costs, stock control and purchasing onboard the vessel.

One of the vessels included in the contract is COOEC first flagship deep-water pipe-laying vessel, the Haiyangshiyou 201. The vessel will be used on CNOOC’s deep-water pipelay service duties at Husky’s Liwan 13-1 Gas Field in the South China Sea. COOEC will be the operator of the $439 million vessel, which has a lifting capacity of 4000 t and is capable of functioning in water depths of up to 3,000 m. The unit was designed to lay 5 km of subsea pipelines per day. The Haiyangshiyou 201 was built by Jiangsu Rongsheng Heavy Industries, in Rugao city, Jiangsu province.

Also included in the scope of delivery are the Lan Jiang, the first Chinese detail design pipelay vessels ever built. The 3,800 m Derrick Barge and Pipe lay Vessel was constructed by Yantai Raffles Shipyard (China); and the Lan Jing, COEEC largest crane barge. The Offshore Support Vessels to be equipped with AMOS are HYSY 225, HYSY 226, HYSY 299, HYSY 699, HYSY 697, and HYSY 698.

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