# Hengtong subsidiary wins 1.296B yuan submarine cable contract from CNOOC

Hengtong Optic-Electric's subsidiary Jiangsu Hengtong High Voltage Cable Co., Ltd. won a bid from CNOOC Tianjin Branch for submarine cable supply and installation, valued at 1.296 billion yuan (including tax).

- Type: Contract
- Announced: 2021-10-18
- Where: China
- Value: $200.9M (1.30B CNY)
- Status: announced
- Products: submarine cable and accessories, installation services
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hengtong Optic-Electric Co., Ltd.](https://endata.com/companies/23007.md)
- [CNOOC](https://endata.com/companies/2629.md) (customer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/576790.html), 2021-10-18: "公司控股子公司江苏亨通高压海缆有限公司中标中海石油(中国)有限公司天津分公司“海底电缆和附件采购及施工敷设”项目，中标价格为12.96亿元(含税)。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.