DSME to Build Its First Jack-Up in 30 Years

Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) has been awarded its first jack-up rig contract after a 30 year hiatus.

DSME signed the contract on September 25th with Maersk Drilling, a Denmark based company, for one jack-up rig. The value of this contract is approximately 530 million USD. It is scheduled to be delivered in the middle of 2016 and will provide service to the Norwegian Coast.

It will be able to drill down to a maximum of 12km in water up to 150m in depth and operate in bad weather and intense cold of the North Sea.

DSME won this contract based on its construction experience in drilling facilities operated in the North Sea. DSME hopes that this contract will enable it to make further inroads into the jack-up market.

This latest contract puts DSME’s 2013 secured orders at 40 vessels and offshore platforms worth approximately 10 billion USD and moved it closer to the year’s sales target (13 billion USD).

Press Release, October 15, 2013

 

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply