SINGAPOREAN offshore marine group Vallianz has signed a three-year collaboration deal with China Offshore Oil Engineering Company (COOEC) which it says will help introduce it to China’s vast oil and gas industry.
Vallianz will provide certain offshore support vessels, including submersible launch vessels, to support COOEC’s offshore construction activities and operations under the agreement.
The vessels will be made available to COOEC either by charter, or through the award of a project sub-contracted to Vallianz.
Vallianz chief executive Darren Yeo said the collaboration was a major milestone for the company.
“With our young and modern fleet and ability to provide integrated offshore marine solutions, we believe Vallianz is primed to support COOEC’s offshore projects in China and the region,” he said.
COOEC is a subsidiary of China National Offshore Oil Corporation (CNOOC).