OceanSTAR Elite and CMHI (Jiangsu) Sign EPC Contract for Sepat FPSO Project

As one of China’s leading offshore and marine construction yards, CMHI Jiangsu brings extensive experience in complex vessel construction, offshore engineering, project execution and integrated delivery. Under the EPC contract, CMHI Jiangsu will play a key role in supporting the construction and delivery of the FPSO, working closely with OSE and other project stakeholders to ensure safe, efficient and timely project execution.

This collaboration combines OSE’s offshore project development, engineering and execution capabilities with CMHI Jiangsu’s strong shipbuilding and offshore construction expertise. It also reflects OSE’s continued strategy of working with capable and reliable industry partners to strengthen project delivery and build a robust execution platform for FPSO, FSO and FPU projects.

The Sepat FPSO Project is an important project for OSE in Malaysia and reflects the Group’s continued commitment to delivering fit-for-purpose offshore production solutions for the regional energy market. With the EPC contract now in place, OSE will continue to advance detailed engineering, procurement, construction planning and project coordination in close collaboration with CMHI Jiangsu and other partners.

OSE would like to express its appreciation to CMHI Jiangsu and all supporting parties for their continued cooperation and commitment. The signing of this contract further strengthens the foundation for the successful delivery of the Sepat FPSO Project and demonstrates the shared objective of all parties to execute the project with high standards of safety, quality and performance.