Scorpion terminates agreements for newbuild semi
Offshore staff
HAMILTON, Bermuda -- Scorpion Deepwater has been unable to secure necessary financing for the construction and delivery of a DSS-38 class semisubmersible drilling rig.
The company has reached agreement with Keppel FELS and third party vendors to amicably terminate the construction contract and equipment orders on mutually acceptable terms.
01/09/2008
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