Seadrill Settles West Mira Dispute
While the cash infusion would be invaluable in the condition Seadrill is in now, the value of the 5 year Husky Energy contract loss following Hyundai’s delivery delay dwarfs this settlement sum. Spread over the duration of the lost contract’s 5-year duration, this settlement translates to a notional day rate of US$93,000 a day, a…