The contest between Modec and TechnipFMC-Samsung Heavy Industries for the Barossa floating production, storage and offloading vessel in Australia is reaching a nail-biting conclusion.
Numerous sources indicated it has been a neck-and-neck competition since commercial bids were submitted in late May following on from technical offers.
The Japanese company has a slight advantage, said sources, but the project operator ConocoPhillips has not made its preference known and bid evaluations are still in progress.
