COOEC swings to profit as new orders kick in

Chinese offshore contractor makes a net profit in the first half this year, against a net loss last year

Floatover: COOEC combines the topsides with the jacket for the Lufeng 14-4 oilfield in the South China Sea
Floatover: COOEC combines the topsides with the jacket for the Lufeng 14-4 oilfield in the South China SeaPhoto: COOEC
Published 26 August 2021, 02:57Updated 26 August 2021, 06:33