South Korea's Daewoo Shipbuilding & Marine Engineering Co. has won an order worth $633m to build a semi-submersible drilling rig by August 2010, reports said.
The third-largest shipbuilder by order backlog has received $12.5b in order this year, including the rig.
Source: AP
Related News
15 Oct 2026
Inside Iran's Precision Strikes on Port, Energy Infrastructure
Iran and its proxies have carried out dozens of pinpoint strikes on infrastructure in the Gulf since the start of the war…
23 Sep 2026
Saipem Taps Subsea Cable Assets for $20M Cable Campaign
Subsea Cable Assets (SCA) has secured its first contract, a roughly $20 million award from Saipem Contracting Netherlands…
09 Oct 2026
Viking Energy PSV Moves Closer to Ammonia Operations
Azane Fuel Solutions has received approval from Norway's Directorate for Civil Protection (DSB) to conduct a test bunkering…
23 Sep 2026
Stillstrom Picks Semco for Offshore Charging Equipment
Stillstrom by Maersk has signed a letter of intent (LOI) with Semco Maritime to manufacture and deliver a key part of its…
Sponsored Content
Licensed Engineers Can Quickly Advance Their Earnings with MSC
Military Sealift Command (MSC) is looking to hire and onboard record numbers of licensed engineers—and its sign-on bonuses reflect that.
The Hidden Cost of Manual Barge Operations
Discover the operational costs hiding between your biggest transportation expenses.