DSME bags KNOC semi deal
13.04.2010 16:47
Korea National Oil Corporation (KNOC) has awarded Daewoo Shipbuilding & Marine Engineering a contract to build a newbuild semi-submersible rig destined to be deployed in the Zhambyl oilfield in
KNOC and DSME did not unveil the contract value. However, industry sources expect the project cost to be around $200 million.
The front-end engineering design on the rig was performed by Friede & Goldman and the detailed engineering will be undertaken by the South Korean shipbuilder.
The yard scope also includes the procurement of the drilling equipment on-board, according to a source close to the development.
The barge-shaped rig is expected to be jointly owned by KNOC and its
Source : Upstreamonline
