SFL says court ordered Seadrill to pay about NOK 525 million over rig redelivery breach
SDRL•The Borgarting Court of Appeal found that Seadrill breached its contract when redelivering a rig and ordered it to pay an SFL unit about NOK 525 million, including compensation, late payment interest and legal costs.
1. Court ruling
The Borgarting Court of Appeal found that Seadrill breached its contract when redelivering a rig. The court ordered Seadrill to pay SFL’s rig-owning unit about NOK 525 million, including compensation, late payment interest and legal costs.
