ShippingWatch

Statoil to pay large fine in rig dispute

Statoil did not have the right to terminate a drilling rig contract prematurely, a court has ruled. Now the Norwegian oil major must pay a large fine to the Chinese company, reports Dagens Næringsliv.

Photo: COSL

Log in to read our articles

Welcome to ShippingWatch. A part of our content is exclusive and reserved for our users.

Try us for 14 days

Try a trial subscription for access to our quality journalism

Related articles

Latest news

Jobs

See all

See all