June 13, 2013 / 2:20 AM / 4 years ago

Samsung Heavy's Nigerian unit wins $3 bln vessel order

SEOUL, June 13 (Reuters) - Samsung Heavy Industries Co Ltd said on Thursday its unit, Samsung Heavy Industries Nigeria, won a $3 billion order from an unnamed major oil company to build a floating production, storage and offloading vessel.

Out of the $3 billion order, Samsung Heavy Industries Co will build the hull and some upper parts of the vessel worth 1.955 trillion won ($1.72 billion), the South Korean shipbuilder said in a regulatory filing. The remainder will go to the Nigerian unit.

The vessel will have a storage capacity of 2.3 million barrels, the shipbuilder added. The contract is set to expire by June 2016.

$1 = 1133.6250 Korean won Reporting by Joyce Lee; Editing by Matt Driskill

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below