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Li Jianhong Attended Signing Ceremony of CMG’s first FPSO New Project

On 5th April, CMI signed the ship construction contract of SBM Fast4ward FPSO MPFA with SBM Offshore (Single Buoy Moorings INC). Li Jianhong, Chairman of CMG, attended the signing ceremony and met with Bruno Chabas, CEO of SBM Offshore. Xu Huimin, Mayor of Nantong City, Chen Yong, Secretary of Haimen Municipal Party Committee, Wang Cuijun, Executive Vice President of CMG, Hu Xianfu, General Manager of CMI, and Liu Zhenhua, Deputy Director of CMG’s General Office, all attended the signing ceremony.

Li Jianhong welcomed Bruno Chabas and his delegation,briefly introduced the characteristics and development situation of CMG’s three major sectors, including Transportation, Finance and Industrial Park Development, focused on the layout and development vision in the field of equipment manufacturing, and expressed his congratulation to the first FPSO new project contract between the two parties. He said that SBM Offshore is the global market leader in leased floating production systems and the world’s largest FPSO operator. CMG attaches great importance to such an excellent partner and will definitely go all out to ensure that the high- quality products that are satisfactory to SBM Offshore will be delivered on time. He hopes that starting from the FPSO new project, they could continue to deepen the cooperation between the two parties in the area of equipment manufacturing and capital and jointly write a new chapter of win-win cooperation.

Bruno Chabas thanked Li Jianhong for his meeting and presence, and expressed his appreciation for the cooperation between the two parties. He pointed out that CMI has always been a leader in the field of offshore equipment. This signing is also a recognition of CMI’s technical strength, construction capacities and control and management level. Bruno looks forward to carry out a comprehensive cooperation with CMG and CMI in equipment manufacturing and capital in the field of FPSO and FLNG and realize win-win situation.

Witnessed by Li Jianhong, Bruno Chabas, Xu Humin and other leaders, Hu Xianfu, General manager of CMI, and Bernard Van Leggelo, Managing Director of FPSO business unit of SBM Offshore, signed the construction agreement of MPFA FPSO Hull 1+3 on behalf of CMI and SBM Offshore respectively. CMI will build a number of FPSO hulls and module integration for SBM Offshore, which marks that CMI has formally entered into FPSO advanced offshore engineering equipment market and took another solid step along the path of transformation and upgrading.

Before the meeting, Li Jianhong investigated Haimen Offshore Engineering Base, watched the progress of the first China made Expedition Cruise Vessel built by CMI and the planning of the cruise base, and learned about China Merchants Offshore Technology Research Center’s working progress in the field of science, technology and innovation.

Relevant persons in SBM Offshore, Nantong Municipal Government, Haimen Municipal Government, CMG, CMI, and CMSK all attended the activity. 

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