Oz operator denies Diamond's claim over rig contract termination

Beach Energy contests claim by financially troubled rig owner that its decision to cancel earlier agreed rig contract is invalid

Dispute: the semi-submersible Ocean Onyx underwent US$100 million of upgrades before it was due to embark on its now cancelled contract off Australia
Dispute: the semi-submersible Ocean Onyx underwent US$100 million of upgrades before it was due to embark on its now cancelled contract off AustraliaPhoto: Diamond Offshore
Published 28 April 2020, 00:35Updated 28 April 2020, 00:35