Chinese contractor's award of Brazil FPSO uncertain as Petrobras nears its decision

Financial risks and local content issues may force COOEC to forego engineering, procurement and construction prize

Construction: COOEC building a cylindrical FPSO for South China Sea deployment.
Construction: COOEC building a cylindrical FPSO for South China Sea deployment.Photo: COOEC
Published 18 January 2024, 03:00Updated 18 January 2024, 11:01