SHI Wins KRW 1.5 trillion Order to Build a large offshore platform

    2017-01-05

    FPU (2).jpg ( 3.6 MB )


    - SHI Won an order for a Semi-Submersible Production Platform for GoM Mad Dog Field

    - Significant offshore platform weighing 58,000tons, with capacity of daily production of 110,000 barrels of oil


    SHI won a contract to build a large offshore platform, the first order among Korean shipyards in 2017.


    SHI revealed on January 5th 2017 that they are the winner of an international bid to build a KRW 1.5 trillion (US$ 1.27bn) FPU for a US operator.


    The FPU weighs 58,000 tons with capacity of 110,000 barrels of oil and 25mcf of gas.


    SHI is a proven offshore solution market leader with track record including Ichthys CPF and Prelude FLNG.


    They are the only shipyard to win offshore newbuild contracts since 2015.