Samsung Heavy wins $963m FPSO contract

Samsung Heavy wins $963m FPSO contract

South Korea’s Samsung Heavy Industries is celebrating winning a huge FPSO contract worth $963m. The yard revealed in a release it had won the order from an unspecified Asian company with the FPSO set to deliver in March 2022.

Samsung Heavy has now won orders worth $2.3bn this year, including seven LNG carrier contracts.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

Related Posts