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Statoil awarded Sembcorp Marine Rigs and Floaters a $490 million turnkey contract for engineering, procurement and construction of the hull and living quarters for the Johan Castberg FPSO, to be stationed in the Barents Sea.
“Statoil has awarded Sembcorp Marine Rigs and Floaters a US$490 million turnkey contract for the engineering, procurement and construction of the hull and living quarters for a newbuild floating production storage and offloading unit (FPSO) for the Johan Castberg project.”bairdmaritime.com
Summarized from public sources; check the original articles before acting on it.