Samkang M&T Signs Supply Contract for FPSO Project Worth 347.7 Billion KRW

[Asia Economy Reporter Ji Yeon-jin] Samkang M&T announced on the 12th that it has signed a supply contract worth 347.7 billion KRW related to Floating Production Storage and Offloading (FPSO) with the global shipping company BW OFFSHORE EPC FZE AS COMPANY.

The contract amount corresponds to 81.38% of the recent sales revenue (427.2 billion KRW), and the contract period is until May 15, 2023.