“See you in court!” is a familiar refrain and one we have often used as a headline. Offshore companies seem to get embroiled in contract disputes that end up in lengthy and expensive arbitration, or in commercial court disputes, just too often. I find it hard to believe that if this column covered...
Awilco Rig 2
Awilco Drilling cites breaches for terminating rig newbuilding contract with Singaporean builder
Awilco Rig 2 (AR2), a wholly owned subsidiary of Awilco Drilling, has notified Singapore-based shipbuilder Keppel FELS that it has exercised its contractual termination ..