Hyundai Heavy Wins $750 Million Drilling Rig Order
Thursday, May 30, 2013
Photo: Hyundai Heavy Industries

Hyundai Heavy Industries (HHI) announced that it won a $750 million order to build a semisubmersible drilling rig for Diamond Offshore.

The drilling rig, measuring 123 meters in length and 96 meters in width, can operate in waters 3,000 meters deep with a drilling range of 12.2 kilometers from the sea’s surface. The rig is scheduled to be delivered by November 2015.

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