The U.K.-based offshore driller Ensco plc (NYSE:ESV) has inked a contract with Samsung Heavy Industries, whereby the latter will deliver a new ultra deepwater drillship at a cost of about $645 million.
The advanced technology-enabled drillship will be built in the Samsung Heavy Industries shipyard, located in Geoje, South Korea and will be the sixth Samsung DP3 drillship in the offshore driller’s fleet. The drillship, expected to be ready by the third quarter of 2014, will have the potential to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards