New preferred bidder emerges for South China Sea cylindrical FPSO

CNOOC Ltd may eventually offer the Liuhua FPSO deal to sister company COOEC even though its commercial offer exceeds CNOOC Ltd’s budget

Shell's Penguins FPSO being built at COOEC's Qingdao yard
Shell's Penguins FPSO being built at COOEC's Qingdao yardPhoto: ZENHUA LOGISTICS
Published 23 August 2021, 03:41Updated 23 August 2021, 13:17