FPSOs and wind installation vessels keeping Chinese yards afloat

Chinese yards led by Cosco Shipping Heavy Industry and Bomesc Offshore Engineering are subcontractors on almost all FPSOs under construction

Booming market: the Liza Unity FPSO is one of six multipurpose floater hulls ordered by SMB intended to work at either the ExxonMobil-operated Payara field in Guyana or for Petrobras in Brazil
Booming market: the Liza Unity FPSO is one of six multipurpose floater hulls ordered by SMB intended to work at either the ExxonMobil-operated Payara field in Guyana or for Petrobras in BrazilPhoto: KEPPEL CORPORATION
Published 7 April 2022, 23:02Updated 8 April 2022, 08:41