Samsung Heavy Industries has received a contract to build two additional deepwater drillships for Seadrill worth US$1.08 billion. Seadrill has already received 3 drillships of the same class from SHI, including the ‘West Polaris’ (pictured above), delivered in 2008. The contract also includes options for two additional ships.
Including this contract, Samsung Heavy Industries has received orders totaling US$9.1 billion in 2010, and secured the shipbuilding volume for the following 31 months (US$39.9 billion). Since 2000, Samsung Heavy Industries has received 31 of the 51 drillships ordered globally, including 10 so far this year.
The vessels are expected to be delivered by September 2013.
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The US said Russia and Ukraine have agreed to a ceasefire in the Black Sea and to work out mechanisms for implementing their ban on strikes against energy infrastructure.
CK Hutchison Holdings Ltd. warned of a deteriorating global business environment due to geopolitical and trade tensions, as the Hong Kong conglomerate reported weaker-than-expected profit while a ports sale plan faces uncertainty after infuriating Beijing.
The U.S. hit targets across Yemen in airstrikes overnight, including Saada province, which Yemeni sources say is a long-time hideout for Iran-aligned Houthi leaders, and the Red Sea port city of Hodeidah.
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