Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, today announced the it won a USD 750 million order to build a semisubmersible drilling rig for Diamond Offshore.

The drilling rig, measuring 123 m in length and 96 m in width, can operate in waters 3,000 m deep with a drilling range of 12.2 km from the sea’s surface. The rig is scheduled to be delivered by November 2015.