Power conversion specialist Converteam has been selected by Hyundai Heavy Industries (HHI) as designer and supplier of high efficiency electrical systems for three newbuild ultra-deepwater drillships for Noble Corporation, one of the world’s largest offshore drilling contractors. The Hyundai Gusto P10000 designed drillships, rated for operations in up to 12,000 feet water depth, are under construction by HHI at their Ulsan facility in South Korea. The first vessel is due for delivery to Noble in early 2013 with the third due in early 2014.