Perisai Petroleum Teknologi plans to up its exposure to the floating production storage and offloading vessel (FPSO) segment, its managing director Izzet Ishak said at the firm’s AGM. Perisai has earmarked more than $650m for capital expenditure over the next three years. In the next three to four years Perisai said profits and revenues should grow by 30%.
Izzet expects the drilling segment to contribute about 45% to revenue and the OSV segment about 10% to 15%. The balance would come from the production segment.
Source: Sea Ship News
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Perisai’s greater FPSO focus
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