Lufeng Replacement Turret

Houston, 30 August 2018 – SOFEC, Inc. (“SOFEC”) announced today that it has been awarded the Lufeng Permanent Reinstatement Project Provision of Turret System by CNOOC China Limited. The system is a Disconnectable Turret System that will be integrated into a replacement FSOU and moored to the existing Lufeng 13-2 Field Moorings in the South China Sea.