Posco orders gas compression platform at Hyundai Heavy Industries

South Korean trading company Posco International has awarded a letter of intent to Korea Shipbuilding & Offshore Engineering, the shipbuilding holding unit of Hyundai Heavy Industries, for a gas compression platform for the Shwe development project offshore Myanmar.

The platform, valued at $450m, will be connected to the existing gas platforms at the field to boost pressure and it is due to be installed by the first half of 2024.

HHI’s scope will include design, procurement, production, transportation, installation, and test operation of the platform.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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