S.Korea's Daewoo wins $1.8 bln order from Norway

South Korea's Daewoo Shipbuilding and Marine Engineering said on Tuesday it had secured a 1.9 trillion won ($1.8 billion) order to build a fixed platform for Norway's Statoil ASA.

Daewoo said it would complete the 31,000-ton offshore platform for the production of oil or gas by the end of 2016.

The platform capable of producing 80,000 barrels of crude a day would be installed on the continental shelf in the British sector of the North Sea, it said.

The shipbuilder said it had won a total of $12.7 billion in orders so far this year, including the platform.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.7716-0.0011-0.14%
    AUDUSD=X
    0.5188+0.0004+0.07%
    AUDGBP=X
    0.7227+0.0033+0.46%
    AUDEUR=X