South Korean operator Posco Daewoo has shortlisted two leading offshore groups to take part in a front-end engineering design contest for the second development phase of its Shwe project off Myanmar.
At least three sources closely associated with the project’s tender process told Upstream that Daewoo is thought to have chosen a consortium of US players McDermott and GE Oil & Gas to battle it out with London-registered TechnipFMC in the FEED contest.
