The scope of work includes the delivery of a complete drilling equipment package including installation and commissioning supervision. The contracts will be executed by the Aker Kvaerner subsidiary, Aker Kvaerner MH, in Kristiansand, Norway. The drillship is scheduled for delivery in the third quarter of 2011.

Roald Amundsen, president of Aker Kvaerner MH, said: We are very pleased to have been awarded this drilling equipment contract. This confirms our excellent relations with Daewoo Shipbuilding & Marine Engineering and our ability to execute projects on schedule.