COENS CHINA wins on-site general services contract for Penguins FPSO

Posted on August, 21, 2018

China award

COENS CHINA, a fully-owned subsidiary of COENS has recently secured contracts with leading global engineering firms for multiple projects across industries. Clinching these new agreements reflects international businesses’ growing recognition of COENS’ continued excellence in the provision of manpower, procurement and general services, and signals a new stage of growth for the company. 

Among these new deals is a contract to secure on-site general services for the construction of the Penguins floating production, storage and offloading (FPSO) vessel in the North Sea. A global engineering entity was picked to perform engineering, procurement and construction (EPC) work on the project out of its Manila office and awarded COENS CHINA with the rights to supply on-site support services for the project. 

This award also allows COENS China contains to provide procurement and local manpower services. Securing this agreement reflects businesses’ trust in COENS’ proven capabilities and experience in large-scale EPC contracts, which include work with COOEC at its fabrication yard in Qingdao, participation in Inpex’s enormous Ichthys project off the west coast of Australia, and work at the Yamal megaproject in northwest Russia. 

“The Qingdao region is one of the most important areas for the offshore and shipbuilding industries in all of China,” according to Mr. Jisung Ryu, COENS CHINA representative. “Being awarded a contract to perform crucial work in such a major project is proof that COENS is securing a foothold in the Chinese market.”

* COENS China office is registered as 高恩船舶维护技术咨询(上海)有限公司, a corporation organized and existing under the laws of the People’s Republic of China.