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Maersk Drilling orders $534m jack-up rig from DSME

Maersk Drilling orders $534m jack-up rig from DSME
Maersk Drilling, a unit of AP Moller-Maersk Group, has ordered a KRW572.8bn ($534m) jack-up oil rig from South Korea's Daewoo Shipbuilding & Marine Engineering (DSME).

The Korean shipbuilder announced on Tuesday that this was its first successful order for a large jack-up rig since 1983.

The rig is scheduled to be delivered around mid-2016 and be deployed in a region near Norway.