Norway appeals court orders Seadrill to pay SFL NOK 525 million over rig redelivery breach
Borgarting Court of Appeal found Seadrill breached a contract tied to the December 2022 redelivery of the Hercules rig. Seadrill ordered to pay about NOK 525 million, including compensation, late-payment interest, legal costs. Judgment largely upheld Oslo District Court’s February 2025 ruling; payable amount rose on ac