China to build FPSO

China National Offshore Oil Corporation (CNOOC) and ConocoPillips China signed a contract with Shanghai Waigaoqiao Shipbuilding for the construction of a 300,000DWT FPSO for service in China's Bohai Bay. Fu Chengyu, chairman and CEO of CNOOC, said that the vessel will be the largest built in China, will cost $200 ...

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