April 2019, OTL won the third party independent verification contract from CNOOC Research Institute (CNOOC RI) for the Lufeng 15-1 and Lufeng 14-4 deepwater jackets. Located in water depth of 286 m in typhoon prone area in South China Sea, Lufeng 15-1 jacket will be one of the very tall jackets in the world and the tallest in Asia with heavy topside. OTL glad to win the contract through open bid process. OTL’s wining of this contract after the winning of the 330 m water depth Liuhua 11-1 Compliant Tower Pre-FEED project marks the industrial recognition of OTL’s deepwater fixed platform design capability.