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Revocation of Bangladesh's First SPM O&M Contract Awarded to CPPEC

Revocation of Bangladesh's First SPM O&M Contract Awarded to CPPEC

12/26/24, 12:16 PM
Industry
oil and gas
energy
Type
contract
The decision to award the contract for the operation and maintenance (O&M) of Bangladesh’s first Single Point Mooring (SPM) with a double pipeline project to China Petroleum Pipeline Engineering Co. Ltd (CPPEC) is set to be cancelled. A fresh open international tender will be initiated to select an O&M firm through a competitive bidding process. The contract signing scope was removed following the repeal of the Speedy Increase of Power and Energy Supply (Special Provision) Act 2010.

Company Info

Company
China Petroleum Pipeline Engineering Ltd (CPPEC)
Additional Info
CPPEC is a Chinese company involved in the operation and maintenance (O&M) contract for Bangladesh's first Single Point Mooring (SPM) with a double pipeline project.