Kick-off of Two Deep Water Jacket Verifications

Subsequent to OTL’s award of deep water verification contract by CNOOC RI, OTL is now officially start the work with a kick-off meeting with CNOOC project team. The work involves complete structural and naval architectural verification of WenChang 9-7 and WenChang 16-2 jackets. The work is expected to be completed in about six months.