Cosco axes Octabuoy project

Cosco Corp (Singapore) is to take a one-off charge of almost $70 million after failing to find a buyer for a specialised hull and topsides dropped by ATP Oil & Gas UK.

Cosco axes Octabuoy project
Published 9 January 2015, 10:06Updated 9 January 2015, 13:18
Asia & Oceania