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Japan's MODEC was formally awarded the engineering, procurement, construction and installation contract by Equinor for a large FPSO for the Bacalhau field offshore Brazil, following Equinor's final investment decision. The project is worth about $8 billion.
“Equinor took its Final Investment Decision(FID) for the Bacalhau field offshore Brazil on 1 June 2021. The investment is worth around $8 billion.”offshore-energy.biz
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