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Daewoo Shipbuilding Wins $534M Jack-Up Rig Order From Maersk Drilling

Published Sep 25, 2013 8:13 AM by The Maritime Executive

Daewoo Shipbuilding & Marine Engineering Co Ltd said on Tuesday it had won a 572.8 billion won ($534 million) order to build a large jack-up rig for Denmark's Maersk Drilling, a unit of the A.P. Moller-Maersk Group.

The South Korean shipbuilder said in a statement it was its first successful order for a large jack-up rig since 1983.

The rig is expected to be delivered around mid-2016 and placed in a region near Norway.

($1 = 1072.3000 Korean won) 

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