PETRONAS has awarded the Engineering, Procurement, Construction, Installation and Commissioning contract for subsea production system, Umbilical, Riser and Flowline (SURF) for its Limbayong Deepwater Development Project to FMC Wellhead Equipment, a subsidiary of TechnipFMC.
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Korea Shipbuilding & Offshore Engineering (KSOE), the shipbuilding holding company of Hyundai Heavy Industries Group, has won an order to construct 850 billion won ($765 million) worth of marine facilities. KSOE said it has signed a contract with Singaporean shipbuilder Keppel to build one crude oil Floating Production Storage and Offloading (FPSO) ordered by Petrobras .