June 12, 2013 / 2:21 AM / 5 years ago

South Korea's Samsung Heavy wins $1.3 billion order from Statoil

SEOUL (Reuters) - Samsung Heavy Industries Co Ltd (010140.KS) said on Wednesday it had won a 1.46 trillion won ($1.3 billion) order to build two large-scale jack-up rigs for Norway’s Statoil ASA (STL.OL).

    The South Korean shipbuilder said in a statement the rigs were expected to be put to use in the North Sea off the coast of Norway. The contract is expected to be completed in October 2016.

    Reporting by Joyce Lee; Editing by Paul Tait

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