US sanctions on PJOE disrupt FPSO projects, halting key mooring system fabrications

Sofec scrambles for alternatives as US sanctions halt PJOE’s mooring system work for Modec and ExxonMobil

The mooring system PJOE builds for Lufeng oilfield in the South China Sea.
The mooring system PJOE builds for Lufeng oilfield in the South China Sea.Photo: Jutal Offshore Oil Services
Published 5 July 2024, 13:49Updated 5 July 2024, 13:49