South Korea’s Samsung Wins USD 1.1 bln Order for Two Drillships

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Samsung Heavy Industries (SHI), one of South Korea’s “Big Three” shipbuilding companies says it has received an order for the construction of two drillships.

The order’s estimated value is approximately USD 1.1 billion and it comes from a “large-scale” American corporation. According to the contract details posted on the Korea Exchange (KRX), SHI will make the deliveries no later than August 31, 2014.

This has been a fruitful month for Samsung Heavy Industries. On February 13, the company announced it had received the order from INPEX for the construction of an offshore central processing facility (CPF) for the Ichthys LNG project in Australia.

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Posted on February 24, 2012, in Asia, Drillship, East Asia, MARINE VESSELS, South Korea and tagged , , , , , , , , , , , , , , , . Bookmark the permalink. Comments Off.

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