An FDPSO hull construction contract worth $120 million was awarded to COSCO Shipyard Group by MPF Corp. Ltd.
Offshore staff
SINGAPORE -- An FDPSO hull construction contract worth $120 million was awarded to COSCO Shipyard Group by MPF Corp. Ltd.
The vessel willl combine drilling, production, and storage facilities, and is designed for ultra deepwater.
The vessel will be build at the Cosco Dalian Shipyard. The project is expected to take approximately 16 months with delivery scheduled for early 2008.
"This contract will be a major part of the deliveries under our EPC contract with Dragados Offshore SA of Spain," says Eivind S. Bugge of MPF. He also says the company has an option for an additional unit.
