The Bohai Phase II Project, located in the Bohai Bay (China), is 225.31 km (140 miles) from Tanggu and 136.8 km (85 miles) from Dalian, at a depth of approximately 30 m (100 feet). Bohai Phase II consists of seven new service and production platforms, the revamping of the largest FPSO (Floating Production Storage and Offloading) in the world, and the addition of a hook tower.

Grupo Cuñado began taking part in this important offshore Project in its 2nd phase in January 2005 for the oil company ConocoPhillips. First, a 3-year frame agreement was signed, with two extension options of 1 year each, which ConocoPhillips chose to implement, extending the contract until 2010. ConocoPhillips added two more annual options, based on our solid performance in this project.

The long-term success and strong execution of this project is due to the strength of our organisation and control, which was managed thanks to our Integral Supply System, specifically developed to handle large projects. This system has proved that we are capable in controlling information about the quality, production, transportation, logistics and documentation on time.

After the completion of the project, Grupo Cuñado was recognised by ConocoPhillips and also by the engineering company Fluor, for our remarkable work in the performance of this project, being considered as one of their main suppliers.