Samsung secures drill ship order

Samsung Heavy Industries has won a $942 million deal to build a drill ship. The deal with Sweden-based Stena Line Co. calls on Samsung to deliver the vessel, used for deep-water oil exploration, by December 2011.

Samsung has won deals valued at around $6 billion so far this year. The company has obtained contracts to build 23 drill ships since 2000, accounting for 72% of all global orders for such vessels.