Daewoo Wins $2 Billion FPSO Order From Inpex
SEOUL - South Korea's Daewoo Shipbuilding & Marine Engineering said on Thursday that it had received an order worth $2 billion to build a Floating Production Storage and Offloading (FPSO) vessel for Japan's top oil and gas explorer, Inpex Corp.
Daewoo said it planned to deliver the vessel by April, 2016. The vessel will be in operation for Inpex's Ichthys project in the Browse Basin offshore Western Australia, Daewoo. (Reuters)