China invests $3 billion to boost offshore engineering

The new investment will help improve the offshore engineering, as China is working hard to reduce reliance on foreign engineering expertise for offshore projects

Finishing touches: COOEC is completing Shell's Penguins FPSO, the detailed engineering of which was provided by Fluor — Finishing touches: COOEC is completing Shell's Penguins FPSO, the detailed engineering of which was provided by FluorPhoto: ZENHUA LOGISTICS

Xu Yihe

Singapore

China China Offshore Engineering Technology Company China State Shipbuilding Corporation CSSC CCCC

Published 28 December 2021, 09:26Updated 5 January 2022, 14:15