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Union Steel enters tripartite agreement with two other entities to conduct oil & gas projects in the region

Nicole Lim
Nicole Lim • 1 min read
Union Steel enters tripartite agreement with two other entities to conduct oil & gas projects in the region
These projects may include offshore construction for oil & gas installation and construction projects, decommissioning of offshore oil & gas platforms in Southeast Asia, international ocean towing and heavy lift transportation by semisubmersible vessels.
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Union Steel Holdings has entered partnerships with COSCO SHIPPING Marine Engineering and China Offshore Engineering Solutions to conduct oil & gas projects in the region, according to a bourse filing dated July 24.

The three entities signed a non-binding tripartite Strategic Cooperation Agreement.

These projects may include offshore construction for oil & gas installation and construction projects, decommissioning of offshore oil & gas platforms in Southeast Asia, international ocean towing and heavy lift transportation by semisubmersible vessels, among others.

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