Daewoo Shipbuilding & Marine Engineering Co., South Korea's No. 2 shipbuilder, said Thursday that it has won a US$1.08 billion deal to build a drill ship and a semi-submersible rig.
Under an American customer, Daewoo Shipbuilding will deliver the vessel used to explore for oil in deep water and the offshore structure by August 2013, the company said in a regulatory filing.
Shares of Daewoo Shipbuilding were trading at 30,000 won on the Seoul bourse as of 10:05 a.m., up 0.17 per cent.
With the deal, Daewoo Shipbuilding has won deals valued at around $9.9 billion so far this year, nearly achieving its yearly order target of $10 billion.
Under an American customer, Daewoo Shipbuilding will deliver the vessel used to explore for oil in deep water and the offshore structure by August 2013, the company said in a regulatory filing.
Shares of Daewoo Shipbuilding were trading at 30,000 won on the Seoul bourse as of 10:05 a.m., up 0.17 per cent.
With the deal, Daewoo Shipbuilding has won deals valued at around $9.9 billion so far this year, nearly achieving its yearly order target of $10 billion.