COOEC sets sights on revenue rise but clouds loom on overseas projects

Delay of Marjan project off Saudi Arabia costs COOEC 1.36 billion yuan ($209 million) earning loss last year.

Key contracts: the Penguins FPSO being built at COOEC's Qingdao facility — Key contracts: the Penguins FPSO being built at COOEC's Qingdao facilityPhoto: ZENHUA LOGISTICS

Xu Yihe

Singapore

Published 26 March 2021, 00:13Updated 26 March 2021, 00:13

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