Block B – O Mon mega project: Flexibility in Implementation before final investment decision
• In September 2024, the upstream portion of the Block B project officially commenced when PVS was awarded the full EPCI#1 contract and held a groundbreaking ceremony for the EPCI#2 contract.• As of December 13, 2024, the progress of the EPCI#1 package reached 12.82%, while the EPCI#2 package achieved 24.39%. Design, procurement of materials, and fabrication work are ongoing as scheduled, with the project having recorded a milestone of 1 million safe hours by mid-December 2024. The efforts and flexibility of all stakeholders will undoubtedly contribute to the project's future success.
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