Hyundai Samho gets Norway order for semi-submersible rig
Hyundai Samho Heavy Industries won the first semi-submersible drilling rig order from Norway. The company said, yesterday, it signed a $570 million contract with Oslo-based oil drilling company Seadrill to build the drilling ship. Hyundai Samho will follow the Norsok standard, considered the toughest offshore facility standard in the world, to construct a drilling ship measuring 123 meters (403 feet) in length and 78 meters in width. Hyundai Samho has experience building a 320,000-ton floating, production, storage and offloading (FPSO) facility under cooperation with its parent company Hyundai Heavy Industries in 2007. The company has been accumulating efforts to develop technologies.