Diamond Offshore orders second ultra-deepwater drillship from Hyundai

Diamond Offshore Drilling, Inc. has announced that a subsidiary, Diamond Offshore Drilling Limited, has exercised its option to build a second ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd. with delivery scheduled for the fourth quarter of 2013. Total cost, including commissioning, spares and project management, is expected to be approximately $590 million and is anticipated to be paid out of cash flow and available funds. 
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Source: GCaptain