SFL Awarded About NOK 525M in Seadrill Contract Case
Borgarting Court of Appeal ruled that Seadrill breached the Hercules rig redelivery contract and ordered payment of about NOK 525M to SFL, including compensation, late interest and legal costs. Either party may appeal, subject to leave.
Borgarting Court of Appeal found that Seadrill breached its contract over the redelivery of the Hercules rig and ordered it to pay SFL about NOK 525M. The amount includes compensation, late interest and legal costs. Either party may appeal, subject to obtaining leave.