MISC lines up Mero 3 FPSO bounty for Chinese yards
Chinese yards have edged out their rivals on cost and are poised to land, before year-end, contracts for turnkey delivery of the Mero 3 FPSO to MISC. This is the biggest FPSO so far to be built in China
Mero 3, which is one in a handful of FPSOs awarded this year, is pegged to a capex of $2bn-$3bn, according to analysts