Jan 12, 2011

DAEWOO SHIPBUILDING BUILDS WORLD'S LARGEST OFFSHORE FACILITY



Daewoo Shipbuilding & Marine Engineering Co. (KSE:042660), South Korea's No. 2 shipbuilder, said Wednesday it has completed construction of the world's largest offshore platform.
The so-called floating production storage and offloading unit (FPSO) is designed to receive, process and store oil or natural gas and can be maneuvered to serve different locations.
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Source: Trading Markets

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