John Fredriksen’s Northern Drilling raises $10 million for DSME arbitration

Dispute relates to terminated resale contracts for two ultra-deepwater drillships

Litigation costs: Shipping and energy tycoon John Fredriksen is a major shareholder in Northern Drilling.
Litigation costs: Shipping and energy tycoon John Fredriksen is a major shareholder in Northern Drilling.Photo: DN
Published 5 February 2023, 15:00Updated 6 February 2023, 12:08
Northern DrillingDaewoo Shipbuilding & Marine EngineeringSouth KoreaNorwayTransocean