Magazine T&B
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Nam Cheong’s order book has hit $429.2 million.
Preliminary volumetric estimates of the field are currently being assessed.
Agreement includes 3 OSV and 2 low-end vessels.
Company will also be appointed Operator for the project.
The project consists of the Liwan 3-1, Liuhua 34-2 and Liuhua 29-1 fields.
The new actions aim at accelerating the nationalization of oil equipment production.
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