September 25, 2013 / 2:21 AM / 4 years ago

Daewoo Shipbuilding wins $534 million jack-up rig order from Maersk Drilling

SEOUL (Reuters) - Daewoo Shipbuilding & Marine Engineering Co Ltd (042660.KS) said on Tuesday it had won a 572.8 billion won ($534 million) order to build a large jack-up rig for Denmark’s Maersk Drilling, a unit of the A.P. Moller-Maersk Group.

    The South Korean shipbuilder said in a statement it was its first successful order for a large jack-up rig since 1983. The rig is expected to be delivered around mid-2016 and placed in a region near Norway.

    Reporting by Joyce Lee; Editing by Paul Tait

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