China's CoscoCS group is exploring the possibility of an entry into the Brazilian shipyard sector.
The domestic industry has been hit by the shockwaves from the Petrobras corruption investigation, but now, with a more relaxed local-content policy for the oil and gas industry, the company sees room for new contracts, according to the Valor Economico daily.
The Chinese company is keeping a close eye on growth expectations for FPSO orders in particular, it reported.
