Offshore Energy
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
  • More news
JobsNewsletter
Offshore Energy logo

Your trusted source for global offshore energy news, part of the Navingo network.

Topics
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
Network
  • Offshore Energy
  • Offshore Wind
  • NavalToday
  • Dredging Today
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Home›Fossil Energy›South Korea: HHI Receives USD 1.12 Billion Order from Rowan for Two Drillships
Fossil Energy

June 1, 2011 · about 15 years ago

South Korea: HHI Receives USD 1.12 Billion Order from Rowan for Two Drillships

Hyundai Heavy Industries, the world’s biggest shipbuilder, said today it clinched a USD 1.12 billion order to build two drillships for drilling contractor Rowan Companies Inc. on May 31. This contract also includes an option exercisable by Rowan to order an additional same class drillship. The vesse

2 minutes read
  • LinkedIn
  • X
  • Email

Hyundai Heavy Industries, the world’s biggest shipbuilder, said today it clinched a USD 1.12 billion order to build two drillships for drilling contractor Rowan Companies Inc. on May 31. This contract also includes an option exercisable by Rowan to order an additional same class drillship.

The vessels, measuring 229 meters in length and 36 meters in width, are rated for operations in water 12,000 ft (3,657 m) deep. They are scheduled to be delivered by the second half of 2013.

Winning this order brings Hyundai Heavy’s total drillship new orders this year to 9, worth USD 5 billion with options to build three more drillships. This is the most drillships of any shipbuilder in the world.

The drillships will be equipped with a thruster canister, saving time in maintenance and operating costs. A thruster canister is housing for the thruster, which helps keep the ship in position while it is drilling. Ships with a canister do not need to be drydocked for maintenance as the thruster can be lifted onto the ship when work needs to be carried out.

Drillships Hyundai Heavy builds use the drillship-specific Gusto P10000 design making the best use of vessel space for drilling. The design helps stabilize the drillship while operating and uses less fuel by making thrusters operate less. A position controlling system, a computer propulsion system, and seven blowout preventers will also be installed in the drillships to enhance safety.

[mappress] Source:HHI , June 1, 2011;

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

Fossil EnergyBusiness & Finance

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1JERA deepens Australian LNG foothold with larger stake in Chevron’s project
  2. 2MoU charts the path for tidal and ocean current energy projects in Chile
  3. 3Seadrill hit with $55 million bill after appeals court upholds rig breach ruling
  4. 4Sunda steps closer to dusting off 1985 gas field as New Zealand bid goes exclusive

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free