Korea’s DSME has agreed to postpone the delivery of two Atwood Oceanics drillships for another two years.

Atwood said the ultra-deepwater units Atwood Admiral and Atwood Archer will be completed in September 2019 and June 2020 respectively.

It will pay $125m for Atwood Archer this month, as well as $15m in 2018. In respect of Atwood Admiral, it will hand over $10m in 2017.

DSME