PRINCIPIA SAS and LONGWAY have signed a Cooperation Agreement

PRINCIPIA SAS and LONGWAY, a wholly-owned subsidiary of CNPC (China National Petroleum Corporation) specialized in project management, project supervision and technical consultant Oil & Gas EPCIC projects, have signed a Cooperation Agreement. After having identified their respective positioning and knowledge, the Parties have decided to set up a co-operation between them using their respective competences in order to work together on international offshore projects. The cooperation of the Parties will cover in particular activities for the Oil & Gas and renewable offshore energy sectors.