BJC Heavy Industries Public Company Limited (SET: BJCHI) has announced that the company has been awarded new projects from Santos and Cimtas for a total value of Baht 309 million.
The project awarded by Santos Cooper Basin 5 involves the fabrication of onshore wellhead skids, with the execution period scheduled from the 1Q2026 to 3Q2027. The project awarded by Cimtas Batch 2 involves the fabrication of a gas turbine enclosure, with the execution period scheduled from the 3Q2026 to 3Q2027. The total contract value of the above two projects is approximately Baht 309 million.
In addition, the Cimtas batch series represents a series of projects to be executed on a continuous basis. The total value of the series is expected at Baht 1,061 million, based on the Capacity Assurance and Cooperation Agreement between the Company and its client to undertake additional projects on an ongoing basis. The overall project is expected to be completed, with final shipment delivery, by 2Q2029.
