The Norwegiancompany, established by Bjarne Skeie-owned Skeie Technology, has placed a firmorder for one drillship worth $672m.
However, thecontract includes options for four additional drillships which if exercisedcould increase the value of the deal to nearly $3.5bn.
In addition ifall the options are exercised the value of the contract would exceed 50% of STXOffshore & Shipbuilding's annual sales target of $6.6bn.
The South Koreanyard said the drillship award is now the corner stone project for its expandedpresence in the offshore shipbuilding industry.
The companyrecently won an order worth $430m for an FSO from an unnamed North African oilcompany.
Reports out lateTuesday said the firm drillship had been ordered in a joint venture with NobuSu-controlled Vantage Drilling.
However, when contactedby TradeWinds on Wednesday...