Daewoo Shipbuilding & Marine Engineering Co., a Korean shipbuilder, said Tuesday that it has won a $560 million deal to build a part of an offshore oil production platform.
Under the contract with Dong E&P A/S of Denmark, Daewoo Shipbuilding will deliver the topside of the platform by April 2014, the company said in a statement.
Daewoo Shipbuilding said France's Technip will also participate in the project.
So far, Daewoo Shipbuilding has won deals valued at around $760 million to build nine ships and offshore facilities.
Shares of Daewoo Shipbuilding were trading at 32,850 won on the Seoul bourse as of 9:33 a.m., up 2.5 percent. (Yonhap)