Singapore’s Jurong Shipyard, a subsidiary of Seatrium, has lost an arbitration over the termination of drilling equipment contracts related to four offshore rigs. MHWirth, a unit of Norwegian oil-services investment company Akastor, has been awarded around $101.3m by the Singapore International...
https://splash247.com/singapore-yard-loses-drilling-rigs-related-arbitration-against-akastor-unit/