Korea's Daewoo Wins Offshore Drill Platform Order

Monday, August 20, 2012

Daewoo Shipbuilding & Marine Engineering (DSME) wins US$1.94-billion order.

Daewoo Shipbuilding & Marine Engineering says it has won a 2.2 trillion won ($1.94 billion) contract to build five fixed drilling platforms for an unnamed Africa-based firm.

The South Korean shipbuilder said in a regulatory filing that the contract was expected to be completed by April, 2016.

Source: Reuters


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