Vard fears newbuild termination

Vard is bracing for a probable termination of a newbuild contract for a diving support and construction vessel ordered with the shipbuilder by bankruptcy-threatened UK-based oilfield services player Harkand Group.

Termination risk: for subsea construction newbuild at Vard
Termination risk: for subsea construction newbuild at Vard
Published 9 May 2016, 09:24Updated 25 October 2016, 15:35
Europe