Tartaruga/MODEC signs $1.26 billion project financing for FPSO in Brazilian oil fields

In:

Oil & gas

Region:

Americas, Europe

Jonathan Bell

Editor-in-chief

Tartaruga MV29 (TARMV29), a company incorporated in the Netherlands in which MODEC, Mitsui & Co, Mitsui OSK Lines, and Marubeni Corporation have equity stakes, has signed a $1.263 billion export credit agency-supported project financing agreement with a broad group of international financial institutions.

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