KSOE Nets $758m Contract for Offshore Plant

Capt. John

Korea Shipbuilding & Offshore Engineering Co. (KSOE), the shipbuilding holding entity of Hyundai Heavy Industries Group, netted a second offshore facility Brazilian oil company Petrobras in $2 billion sea drilling project, reports Pulse News.

Deal to build FPSO facility

KSOE has procured an 850 billion won ($758.72 million) order from Brazil’s state-owned oil company Petroleo Brasileiro S.A., better known as Petrobras.

The 850 billion won deal is part of a total 2.5 trillion won order to build a...

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