South Korea: STX Offshore & Shipbuilding Gets Drillship Order

STX Offshore & Shipbuilding Co., a South Korean shipbuilding company has received an order for construction of a drillship for an unknown European client, Yonhap News Agency reported Monday.

Under the contract worth US$700 million, the vessel should be completed by the second half of 2015, the company confirmed.

Other details of the contract haven’t been disclosed.

Subsea World News Staff, October 23, 2012; Image: STX

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