- Korea Shipbuilding bags W659b order for US offshore plant
- KSOE to undertake the first phase of construction for an offshore crude oil storage facility under the deal
KSOE is a sub-holding company in charge of Hyundai Heavy Industries’ shipbuilding and offshore business. Hyundai Heavy Industries celebrates the departure of the King’s Quay floating production storage platform in June says an article in Korea Herald.
Offshore plant
Korea Shipbuilding & Offshore Engineering signed a 659.2 billion won ($577 million) deal to build an offshore plant for an American oil company, the South Korean shipbuilder said Friday.
Dimensions
The envisioned semi-submersible floating production storage platform is to measure 91 meters in length, 91 meters in width, and 90 meters in height and will be able to produce around 100,000 barrels of crude oil and 4 million cubic meters of natural gas per day.
Did you subscribe to our daily newsletter?
It’s Free! Click here to Subscribe!
Source: KoreaHerald
