Daewoo Shipbuilding & Marine Engineering Co. (DSME) has netted a $1 billion order from Brazilian oil company Petrobas for offshore plant construction, reports Pulse.
About the dealAccording to a disclosure, DSME has procured a 1.1 trillion won ($1 billion) order from Brazil’s state-owned Petroleo Brasileiro S.A. (Petrobras). The deal is part of a total $2.3 billion order to build a floating production, storage, and offloading (FPSO) facility, which has been secured by a joint venture with...