Daewoo Shipbuilding Bags $400MM Order from ExxonMobil

South Korea-based Daewoo Shipbuilding, the world's second-largest shipbuilder, announced Friday the award of a $400 million order from Exxon Mobil Corp. to build an offshore plant, Dow Jones Newswires reports.

Slated for delivery in 2013, the offshore plant is part of a Russian oil and gas development, the report said.