Daewoo Shipbuilding Wins $500M Order from Norway
September 22, 2005
Daewoo Shipbuilding & Marine Engineering Co Ltd has received a $500M order from Norway's Seadrill Ltd to supply a semi-submersible oil drill facility.
Under the deal, the buyer can place two additional orders for drill facilities, in November and six months thereafter, which would take the total value of the contract to $1.5B
Source Forbes.com
Related News
Cargo Ship Freed from Suspected Pirates off Somalia
Pirate Attack Confirmed Off the Coast of Somalia
US' First Hydrogen-powered Ferry Sea Change Cleared to Enter Service
US Probes Canadian Ballast Water Regulations After Shipping Companies Cry Foul
Damen to Deliver First Electric Tug in Middle East