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South Korean shipbuilders join bids for two FPSOs in Australia’s Browse project

Verifying
  • HD Hyundai Heavy Industries and Samsung Heavy Industries joined separate Browse project FPSO consortiums.
  • Browse development is valued at $35.2 billion, with annual LNG output projected at 11.4 million tons.
  • Hanwha Ocean is competing for Namibia’s Venus FPSO contract against SBM Offshore.
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