South Korean shipbuilding giant Hyundai Heavy Industries Co. said Monday it has clinched a $900 million order to provide offshore platforms and other facilities off the coast of Africa.
Under the deal with an oil major, Hyundai Heavy will build two offshore gas platforms and other facilities by the end of 2014, the company said.
Hyundai Heavy gave no further specifics on the buyer or other details, but added the platforms will be built in the seas off Nigeria.
With the contract, Hyundai Heavy has won orders valued at $19.8 billion thus far this year.
Hyundai Heavy, the world’s top shipyard, expects to win another deal for a floating oil production and storage vessel, the company said.
(Yonhap News)
