Covering the operations of the oil and gas industry
Samsung Heavy Industries Co. Ltd. has been let a contract to build an LNG-floating storage and regasification unit for about $221.2 million.
The order for a 170,000-cu-m vessel came from a consortium of Marubeni, Sojitz, and Pertamina.
The vessel will regasify LNG offshore and supply gas to meet demand onshore.