Northern Drilling cancels second drillship contract
John Fredrickson company serves notice to DSME.
Northern Drilling has cancelled a second drillship order with Daewoo Shipbuilding and Marine Engineering Co. Ltd (DSME).
In an announcement, the John Fredriksen company said it had cancelled the contract for the drillship West Aquila “due to delay of delivery as well as repudiatory breach of contract.”
The West Aquila is built for drilling operations in water depth up to 12,000 feet and has a large deck space and load capacities. She is one of two vessels that Northern Drilling had contracted with DMSE, due to be delivered in January and May 2021.