COOEC reports 33% rise in revenue, but profits dive

Chinese offshore contracting giant says it faced significantly challenging year

Challenging 2019: modules for Australia's Gorgon gas field being built at COOEC's Qingdao yard
Challenging 2019: modules for Australia's Gorgon gas field being built at COOEC's Qingdao yardPhoto: XU YIHE/UPSTREAM
Published 24 March 2020, 07:55Updated 24 March 2020, 07:55