Bomao Offshore

According to 36Kr, Bomao Offshore announced that its wholly owned subsidiary Tianjin BomaoKe signed an FPSO topsides upper module construction contract with SBM Offshore, valued at about 1.6-2.1 billion yuan, consisting of a fixed price plus variable price. The FPSO is to be deployed in South America, covering upper module design, procurement, and construction, with completion planned for the second half of 2028. The contract will secure the company's workload and positively impact current and future performance.