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Daewoo Shipbuilding Receives US$1.24 Bil. Order from Africa
Drill Ship Orders
Daewoo Shipbuilding Receives US$1.24 Bil. Order from Africa
  • By matthew
  • October 16, 2013, 01:58
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Discoverer Inspiration, a drillship built by Daewoo Shipbuilding & Marine Engineering in 2007, prepares for drilling operations for the Deepwater Horizon oil response in the Gulf of Mexico on July 10, 2010.
Discoverer Inspiration, a drillship built by Daewoo Shipbuilding & Marine Engineering in 2007, prepares for drilling operations for the Deepwater Horizon oil response in the Gulf of Mexico on July 10, 2010.

 

The Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) announced on October 15 that it won a US$1.24 billion order to build two edging-cut drill ships from an African contractor. 

DSME did not reveal the name of the contractor. 

The ship model to be built is known as a DSME e-Smart, which has been developed by DSME and is capable to drill up to 12Km down in a maximum 3.6Km deep sea. 

One official from DSME said, “The price of the drill ships, to be equipped with the best specifications in function and safety, amounts to around US$620 million.” 

DSME shall deliver the offshore drilling vessels by the end of 2015. The company has received orders of six drill ships and obtained around US$11.26 billion orders for container ships and offshore plants so far this year, already surpassing its annual order target of US$13 billion.