Daewoo Shipbuilding & Marine Engineering Co. , South Korea's No. 2 shipbuilder, said Thursday that it has won a US$1.3 billion order to build an offshore platform.
Under the deal with Chevron Corp., Daewoo Shipbuilding will deliver the offshore facility during the second half of 2014, the company said.
Daewoo Shipbuilding has won deals valued at nearly $11 billion so far this year, already exceeding its yearly order target of $10 billion.
Shares of Daewoo Shipbuilding were trading at 33,850 won on the Seoul bourse as of 10:50 a.m., up 0.15 per cent.
Under the deal with Chevron Corp., Daewoo Shipbuilding will deliver the offshore facility during the second half of 2014, the company said.
Daewoo Shipbuilding has won deals valued at nearly $11 billion so far this year, already exceeding its yearly order target of $10 billion.
Shares of Daewoo Shipbuilding were trading at 33,850 won on the Seoul bourse as of 10:50 a.m., up 0.15 per cent.