Fredriksen’s Northern Drilling loses arbitration against Hanwha over cancelled drillships

Capt. John

John Fredriksen’s rig investment company, Northern Drilling, has lost a legal battle with Daewoo Shipbuilding & Marine Engineering (DSME), now Hanwha Ocean, over cancelled resale contracts for two ultra-deepwater drillships. In 2021, Northern Drilling terminated deals with DSME for the West Libra...

https://splash247.com/fredriksens-northern-drilling-loses-arbitration-against-hanwha-over-cancelled-drillships/

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