Mainboard-listed Technics Oil and Gas, the integrator of compression systems and process modules for the offshore oil and gas sector, today announced that it has secured another EPCC contract from JV Vietsovpetro (VSP) for the provisioning of the topside equipments for wellhead satellite platforms named RC-6 and RC-7 for the “Dragon” oilfield in offshore Vietnam, worth an estimated $35 million.

The two platforms from this latest contract are expected to produce up to a total of 84,000 barrels of crude oil per day. Project planning has started and is targeted for completion in September 2011.

Technics will be responsible for the engineering, project management, procurement, fabrication, supervision of installation and hook up, onshore and offshore commissioning of topside modules for the two platforms.

It will also supply the full package of equipment and systems, such as oil and gas processing equipment, power generation, electrical/control, accommodation modules, as well as other auxiliary equipments and systems.