OceanSTAR Elite and CMHI (Jiangsu) Sign EPC Contract for Sepat FPSO Project
15 May 2026
OceanSTAR Elite Group ("OSE") and China Merchants Heavy Industry (Jiangsu) Co., Ltd. ("CMHI Jiangsu") held the Engineering, Procurement and Construction ("EPC") Contract Signing Ceremony for the Floating Production, Storage and Offloading ("FPSO") unit for the PETRONAS Sepat Integrated Redevelopment Project.
(https://www.oceanstarelite.com/wp-content/uploads/2026/05/%E6%8B%9B%E5%95%86%E9%87%8D%E5%B7%A5EPC%E5%90%88%E5%90%8C%E7%85%A7%E7%89%871-768x512.jpg)
The signing of the EPC contract marks a major milestone in the execution of the Sepat FPSO Project and represents an important step forward in transforming the project from contract award and planning into full-scale engineering, procurement and construction implementation.
As one of China's leading offshore and marine construction yards, CMHI Jiangsu brings extensive experience in complex vessel construction, offshore engineering, project execution and integrated delivery. Under the EPC contract, CMHI Jiangsu will play a key role in supporting the construction and delivery of the FPSO, working closely with OSE and other project stakeholders to ensure safe, efficient and timely project execution.
This collaboration combines OSE's offshore project development, engineering and execution capabilities with CMHI Jiangsu's strong shipbuilding and offshore construction expertise. It also reflects OSE's continued strategy of working with capable and reliable industry partners to strengthen project delivery and build a robust execution platform for FPSO, FSO and FPU projects.
The Sepat FPSO Project is an important project for OSE in Malaysia and reflects the Group's continued commitment to delivering fit-for-purpose offshore production solutions for the regional energy market. With the EPC contract now in place, OSE will continue to advance detailed engineering, procurement, construction planning and project coordination in close collaboration with CMHI Jiangsu and other partners.
OSE would like to express its appreciation to CMHI Jiangsu and all supporting parties for their continued cooperation and commitment. The signing of this contract further strengthens the foundation for the successful delivery of the Sepat FPSO Project and demonstrates the shared objective of all parties to execute the project with high standards of safety, quality and performance.
OceanSTAR Elite and SBW Sign Compressor Purchase Order for Sepat FPSO Project
20 Apr 2026
On April 20, 2026, OceanSTAR Elite Group ("OSE") and Shenyang Blower Works Group Corporation ("SBW") held a purchase order signing ceremony in Singapore and officially signed a procurement agreement for 2 sets of AG Compressors (2BCL457) and 1 set of GIGL Compressor (BCL306A) for the Sepat FPSO Project.
(https://www.oceanstarelite.com/wp-content/uploads/2026/04/4.20%E6%B2%88%E9%BC%93%E9%87%87%E8%B4%AD%E7%85%A7%E7%89%871-768x512.jpg)
This procurement marks another important milestone in the execution of OSE's Sepat FPSO project. The compressors covered under this purchase order will form part of the key process equipment package for the FPSO, further supporting project delivery readiness and the overall development of the Sepat field.
The signing also reflects OSE's continued commitment to working with established equipment partners to secure critical long-lead items and strengthen project execution. At the same time, it aligns with OSE's broader effort to develop a more integrated and reliable Supply Chain ECOsystem, bringing together capable partners, technical resources and delivery support to better serve complex offshore energy projects.
As the project moves forward, OSE will continue to advance procurement, engineering coordination and delivery planning in support of the successful implementation of the Sepat FPSO. Through closer collaboration with strategic suppliers and industry partners, OSE aims to further enhance supply chain resilience, execution efficiency and overall project delivery capability.
This purchase order signing also demonstrates the steady progress of the Sepat FPSO project and highlights the importance of close collaboration between project stakeholders and equipment suppliers. OSE remains focused on delivering a reliable and efficient offshore energy solution for the project through disciplined execution and integrated resource coordination.
OceanSTAR Elite Group Signs Purchase Order with AECC Gas Turbine for Five Taihang 7 Gas Turbines
31 Mar 2026
On March 31, OceanSTAR Elite Group ("OSE") and AECC Gas Turbine ("AECC GT") held a signing ceremony in Nantong, Jiangsu, and officially signed a Purchase Order (PO) for five Taihang 7 gas turbines. This procurement marks a key milestone in the execution of OSE's FPSO project for the Sepat Integrated Redevelopment Project of PETRONAS Carigali Sdn. Bhd.
(https://www.oceanstarelite.com/wp-content/uploads/2026/04/DSC0691-28-copy-2048x1152.jpg)
The five Taihang 7 gas turbines will be deployed on the FPSO serving the project. As the contractor for the provision of lease, operation and maintenance (O&M) services for the FPSO, OSE views this PO as an important step in strengthening the project's critical equipment configuration and overall delivery readiness, while further reinforcing its execution capability across the offshore energy value chain.
This signing not only represents a significant procurement milestone for the Sepat FPSO project, but also reflects OSE's commitment to working with leading equipment partners to deliver high-quality offshore energy solutions. Looking ahead, the company will continue to leverage its strengths in project development, engineering integration, execution management and resource coordination to support complex offshore energy projects in international markets.