Daewoo Shipbuilding & Marine Engineering (DSME) and Sembcorp Marine look set to battle it out for Chevron’s Rosebank FPSO newbuilding.

The contest between the South Korean and Singapore yards is said to be “too close to call”, according to TradeWinds’ sister publication Upstream.

South Korea’s two other major shipbuilders, Hyundai Heavy Industries and Samsung Heavy Industries, are both said to have been dropped as options.