About the winning project
The PMI Thailand Chapter Project of the Year Award 2025 was presented to Thai Nippon Steel Engineering & Construction for a project that demonstrated exceptional engineering ingenuity and project management discipline in a demanding offshore environment.
Rather than decommissioning offshore topsides WP21 and WP30, the project team pursued a bolder alternative: reusing and modifying the existing assets to deliver significant value to the client and stakeholders. That strategic decision proved highly effective across cost, schedule, safety, and sustainability dimensions.
Why this project won
- Cost and schedule performance: The project was completed on schedule and within budget, with strong CAPEX control enabled through asset reuse rather than full replacement.
- Safety excellence: Zero Lost Time Incidents were recorded throughout the project despite the inherent risks of offshore operations.
- Sustainability: Extending the life of existing structures significantly reduced the environmental footprint of the work.
- Project management standards: The team applied PMI-aligned practices with consistency across scope, risk, quality, and stakeholder management.
Judges’ remarks
The judges recognized the submission for its measurable business value, outstanding safety performance, and the consistency of its execution discipline. It stood out as a project that did not simply succeed operationally, but showed mature decision-making under real-world constraints.
Why it matters
This winner set the benchmark for what the award is meant to honor: value-led project leadership, deliberate sustainability thinking, and execution excellence that can inspire organizations across Thailand.
