By CTC Press Release

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 totalling 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. CTC's Regional Manager APAC, Pierre Boyde, said: ‘This is a key phase in the development of CTC's services, offered in partnership with Bluewhale for the Chinese Market. BOETC's Chief Executive Officer Gang Luan commented ‘This cooperation will bring significant benefits and long term market opportunities for our local clients'. Headquartered in Tianjin, BOETC is a leading independent provider of subsea construction services in the Asia Pacific region.