[DISCLOSURE] Daewoo Shipbuilding and Marine Engineering (042660) reported in its semiannual report Aug. 17 that it will deliver two drill ships to Angolan state-run oil firm Sonangol EP and will receive 1.32 trillion won (US$1.2 billion) for the ships by Sept. 30.
The company also announced that it has moved up the ships’ delivery date, which was originally set by the end of this year.
The company also announced that it has moved up the ships’ delivery date, which was originally set by the end of this year.