DSME Wins Contract For Large-Scale Floating Crude Oil Production, Storage And Unloading Facilities

Daewoo Shipbuilding & Marine Engineering (CEO Lee Seong-Geun), formed in a consortium with Saipem, an Italian engineering company, won an order for large-scale offshore facilities in two years, is accelerating to secure jobs.

Daewoo Shipbuilding & Marine Engineering (DSME) announced on the 14th that it won an FPSO (Floating Production Storage and Offloading) order from Petrobras, Brazil’s largest energy company, together with Saipem, an Italian engineering company. The total contract size is about 2.6 trillion won, of which Daewoo Shipbuilding & Marine Engineering’s contract amount is about 1.94.8 trillion won.

The FPSO won this time can produce 180,000 barrels of crude oil and 7.2 million cubic meters of natural gas per day, and can store 2 million barrels of crude oil. Daewoo Shipbuilding & Marine Engineering (DSME) plans to build a hull and a part of the superstructure that can store crude oil.

FPSO built by Daewoo Shipbuilding & Marine Engineering
Image Credits: dsme.co.kr

Construction of this facility will be completed by the second half of 2024, and it is scheduled to depart for Brazil’s Bujios Field, one of the world’s largest deep-sea oil fields.

Daewoo Shipbuilding & Marine Engineering (DSME) won an order for a semi-submersible oil production facility hull worth about 200 billion won in 2019. All.

An official from Daewoo Shipbuilding & Marine Engineering said, “With this order, Daewoo Shipbuilding & Marine Engineering’s experience and technology in building offshore plants have been recognized.” said

This year, Daewoo Shipbuilding & Marine Engineering (DSME) won orders for a total of 27 vessels/equipment worth about US$3.72 billion, including 11 extra-large crude oil carriers, nine extra-large LPG carriers, four container ships, one LNG carrier, one WTIV, and one FPSO. About 48.3% of this year’s target of $7.7 billion has been achieved.

Reference: dsme.co.k

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