Daewoo Shipbuilding & Marine Engineering has clinched a KRW 656.1bn ($553m) offshore newbuilding order from US energy giant Chevron.
The South Korean shipbuilder said the contract is for a field control station for the Jansz-Io gas field off north-western Australia. It will be built at the Okpo Shipyard in Geoje and is due to be delivered by September 2025.
"For the first time since 2014, we succeeded in winning orders for offshore plants for two consecutive years," a DSME official said.
Last year, US-listed Eneti contracted the yard to build a wind turbine installation vessel, with an option for a second vessel.
DSME said this latest order takes its haul for the year to $970m, following an order for two LNG carriers.
The shipbuilder, the subject of a potential takeover by Hyundai Heavy Industries Holdings, said this is six times more than in the same period last year.
In the first week of the year, Maria Angelicoussis-led Maran Gas Maritime signed up to build two more LNG carrier newbuildings worth $420m.
The Angelicoussis Group is DSME's largest customer. It has ordered 114 ships from the yard since 1994.
DSME secured newbuilding orders worth $10.86bn in 2021 against its original target for the year of $7.7bn, according to an investor relations presentation on Monday.
Last year's haul included 55 commercial vessels worth $7.6bn: 20 containerships, 15 LNG carriers, 11 VLCCs and nine LPG carriers.
At the end of the year, DSME had an order backlog of 116 vessels worth $23.7bn, which included 32 container ships, 28 LNG carriers, 18 tankers and 12 LPG carriers.
