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OYO Corporation stays firm after being selected for JOGMEC's floating offshore wind project
OYO Corporation <9755> is showing firm movement. The company announced on this day that it has been selected as the implementer for seabed ground survey operations off the Hokkaido Iwau-Minami Shiribeshi area (floating) and off Hokkaido Shimamaki (floating), public tender projects by the Japan Oil, Gas and Metals National Corporation (JOGMEC) aimed at promoting the introduction of floating offshore wind power generation. This appears to have prompted buying interest on dips, viewing the news as a positive factor.
The survey will conduct physical exploration as well as boring surveys to obtain survey data on the seabed ground necessary for the basic design (turbine placement positions, installation intervals, etc.) of floating offshore wind power generation facilities. The project budget is \4.1 billion, with the project period running until March 2027.
Source: MINKABU PRESS
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