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Hyundai Heavy wins $600 million orders for oil, gas rigs

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SEOUL (Reuters) – Hyundai Heavy Industries , the world’s largest shipbuilder, has won three orders worth a total $600 million to build oil and gas rigs. Hyundai said in a statement it had won a $400 million order for a 35,000-tonne offshore oil platform scheduled to be delivered by August 2015. It did not identify the oil major which placed the order. The other two orders are each worth $100 million. One is to build a semi-submersible drilling rig for LLOG of the United States, which has an option exercisable to order an additional structure. . . .

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