DSME Delivers Newbuild Ultra Deepwater Drillship to Transocean

South Korea's Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) delivered Wednesday an ultra deepwater drillship to Transocean Ltd., local business media Pulse reported Thursday.

The company indicated Wednesday in a filing with Korea Exchange that it has completed a construction contract, worth $505.8 million (KRW 563 billion) for an unnamed firm, with the vessel believed to be Deepwater Conqueror (UDW drillship)

According to Transocean, newbuild Deepwater Conqueror has a 5 year drilling contract with Chevron Corp. in the U.S. Gulf of Mexico commencing in the fourth quarter of 2016.


Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.