South Korean shipbuilder Samsung Heavy Industries says it has agreed to sell a semi-submersible drilling rig it had originally built for Stena Drilling to an unidentified European company for $500 million. The rig, a dynamically positioned harsh environment semi-submersible named Stena MidMAX, was originally ordered by an affiliate of Stena Drilling in June 2013 with […]
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South Korean shipbuilding heavyweights Daewoo Shipbuilding and Marine Engineering, Samsung Heavy Industries and Hyundai Heavy Industries are considering a joint bid for a French engineering company to prevent a Chinese [...]
(Bloomberg) — Samsung Heavy Industries Co. plans to offer 500 billion won ($440 million) of bonds next month as South Korean shipyards sell a record amount of debt to cope [...]
South Korean shipbuilder Hyundai Heavy Industries says it has delivered the world’s largest semi-submersible drilling rig to Diamond Offshore. The rig, named Ocean Greatwhite, was delivered to the Houston-based drilling contractor o...
Rolls-Royce has signed a contract to supply thrusters and deck machinery for two semi-submersible drilling rigs to be built at Samsung Heavy Industries in Korea for Stena Drilling.