Two separate legal battles over cancelled drilling rig orders between Oslo-listed companies and Asian shipyards are moving towards a conclusion following several years of dispute.

The two Oslo-listed companies are Awilco Drilling and Northern Drilling. The two Asian yards are Keppel Fels (now Seatrium) and Daewoo Shipbuilding & Marine Engineeirng (now Hanwha Ocean).

Sold out: Harsh environment semi-submersible rigs unavailable for the first time in almost a decade
 Read more

The disputes relate to contracts for deep-water drilling rigs that were terminated in 2019 and 2020.