MISC "very selective" in chasing offshore work
9 May 2021 18:35 GMT Updated 10 May 2021 8:52 GMT in Singapore Malaysian contractor MISC will be “very selective” in the offshore work it pursues as the company focuses on the execution of the Mero-3 floating production, storage and offloading vessel for Petrobras’ Libra block in the pre-salt Santos basin offshore Brazil. “Nevertheless, the [offshore business] segment will continue to monitor the market for the next major project as and when the right opportunity arises,” Petronas subsidiary MISC said on Friday. The contractor believes that the expected recovery in o...
Source: upstreamonline.com