Jurong Shipyard Bags $696M FPSO Conversion Deal for Brazil's Libra Project

“We are happy to be working with both Odebrecht Oil & Gas and Jurong Shipyard on the Libra FPSO conversion project ... We are pleased to be at the forefront of this new phase of Petrobras’ development into deeper and more challenging waters, providing the necessary skills, tools and the best solutions to Petrobras for the tasks ahead,” Peter Evensen, CEO of Teekay Offshore commented in the press release.

Sembcorp Marine revealed that the FPSO conversion deal brings the year-to-date contracts secured by the company to $2.96 billion (SGD 3.7 billion).


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