STX Offshore & Shipbuilding’s Jinhae Shipyard in South Korea has been awarded a $700million contract to construct a new drillship for delivery during the second half of 2015.
The Yonhap News Agency has reported that the order is from a European customer but noted that STX has not yet divulged the name of the company, nor has it provided any details as to whether the vessel will be a conversion or will be a new construction, nor has it indicated the size and drilling capacity it is to have.