CTC Marine Wins Subsea Work Contract from Bluewhale in China

CTC Marine Projects Limited (a DeepOcean ASA subsidiary) has received a contract award from Bluewhale Offshore Engineering Technology for the installation of three inter-platform power cables totaling 78km in the Wenchang field, offshore China.

CTC will use the DP 2 vessel Maersk Recorder which will be mobilizing immediately from Singapore. On completion of the cable lay scope, the Recorder will remain in China in cooperation with Bluewhale, where it will provide a series of professional services. These will include, but not be limited to SAT diving support work, subsea power cable installation, subsea pipeline/cable trenching and burial as well as riser installation.

CTC puts the total value of the award in the region of USD 15 million.

"This is a key phase in the development of CTC's services, offered in partnership with Bluewhale for the Chinese Market," said CTC's Regional Manager APAC, Pierre Boyde.

"This cooperation will bring significant benefits and long term market opportunities for our local clients," added BOETC's Chief Executive Officer Gang Luan.