EnscoRowan, an offshore drilling company, announced it won $180 million in damages in arbitration proceedings against Samsung Heavy Industry stemming from a 2016 drillship case. Concerning the incident, in April 2016, the company, then known as Ensco, began arbitration proceeding against SHI for the losses incurred in connection with a drilling services agreement for ENSCO DS-5 that was voided Brazil’s Petrobras.
EnscoRowan commented on the case that
EnscoRowan today announced that an arbitration...
https://safety4sea.com/enscorowan-awarded-180-million-in-arbitration-case/