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Samsung, Hyundai, Daewoo prepare for Petrobras oil platform tender: Sources

Samsung Heavy Industries Co, Hyundai Heavy Industries Holding Co Ltd and Daewoo Heavy Industries & Machinery Ltd have formed separate consortia that are expected to bid after seven months of preparations, the sources said. Offers are due on Monday, Feb. 1.

January 28, 2021 / 11:05 AM IST
Rank 3 | Company: Samsung | Sector: Technology | PWC 2020 position: 21 | FBI global ranking 2018: 9 (Image: CNBCTV18)

Rank 3 | Company: Samsung | Sector: Technology | PWC 2020 position: 21 | FBI global ranking 2018: 9 (Image: CNBCTV18)

Three consortia including Asian shipyards are preparing to compete to build Brazil's Petrobras' first two in-house platforms in more than seven years, according to four people familiar with the tender who declined to be named as the information is private.

Samsung Heavy Industries Co, Hyundai Heavy Industries Holding Co Ltd and Daewoo Heavy Industries & Machinery Ltd have formed separate consortia that are expected to bid after seven months of preparations, the sources said. Offers are due on Monday, Feb. 1.

Samsung and Petrobras declined to comment. Daewoo and Hyundai did not immediately responded to comment requests.

The competition marks Petrobras' comeback as a key market for Asian shipyards.