Samsung Heavy Wins Drillship Orders

Reuters
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April 9, 2014

File image of Seadrill’s West Neptune drillship. Image via Seadrill

reuters logoSEOUL, April 9 (Reuters) – Samsung Heavy Industries Co Ltd said on Wednesday it won a 1.34 trillion won ($1.27 billion) order to build two drillships for an unnamed firm based in or near Australia.

The South Korean shipbuilder said in a regulatory filing the contract was expected to be completed by June 2017. ($1 = 1052.3500 Korean Won) (Reporting by Joyce Lee; Editing by Stephen Coates)

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