Chinese yards geared to module engineering and fabrication have weathered the market downturn slightly better than rig-focused yards, writes Xu Yihe.
There are about six yards in China that focus on module engineering and fabrication, led by Offshore Oil Engineering Company (COOEC).
Two years ago, they were swamped with fabrication assignments for liquefied natural gas modules weighing up to 600,000 tonnes for Russia's Yamal LNG project.