South East Asia is increasingly getting more attention from the international market as more offshore players are pushing ahead with projects in the region.
Taking a lead from fellow offshore groups entering the market recently, like Dutch contractors Van Oord and Jan De Nul, and UK-based Seajacks, two more European groups are tackling offshore development.
Royal IHC and IHC IQIP inked a memorandum of agreement with government-owned engineering company Ship & Ocean Industries R&D Centre (SOIC) in Taiwan.
