Singapore offshore player hit by arbitration $101 mio penalty
#1

"Norway's Akastor has triumphed in its arbitration with Jurong Shipyard, a subsidiary of the former Keppel Offshore & Marine, that relates to four drilling rigs ordered from the Singapore contractor.

18 hours ago"
https://www.google.com/search?q=singapor...by+penalty&oq=singapore+offshore+player+hit+by+penalty&gs_lcrp=EgZjaHJvbWUyBggAEEUYOdIBCTE4NjQzajBqNKgCDrACAQ&client=ms-android-oppo-rvo3&sourceid=chrome-mobile&ie=UTF-8#:~:text=Norway%27s%20Akastor%20has,18%20hours%20ago
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#2

There goes more taxpayers money.
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#3

(19-04-2024, 08:50 AM)Alice Alicia Wrote:  There goes more taxpayers money.

Must be a stupid poorly written contracts for 4 oil rigs.

Jurong Shipyard try playing with the Vikings
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#4

While KOM caught doing carwashing biz in Brazil and subsidiary Jurong Shipyard Kenna screwed upside down..

Like father like son
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