The terms include a fixed-price option for up to two more drillships, which must be declared by early May 2011 for delivery in 2014.
Upstream had reported Hyundai to be the frontrunner for the job two weeks ago.
The rigs are based on a Hyundai Gusto P10000 hull design and are designed for operations in up to 12,000 feet of water depth.
Each
