Northern Drilling Ltd :Nodl: Cancellation Of The West Aquila.Northern Drilling Ltd - Unit West Aquila Inc. Notified Daewoo Shipbuilding & Marine Engineering Co. Ltd That It Has Cancelled Resale Contract For 7Th Generation Ultra Deepwater Drillship West Aquila Due To Delay Of Delivery As Well As Repudiatory Breach Of Contract..Northern Drilling Ltd - West Aquila Inc. Has Made Advance Payments Totaling Approximately $90 Million Under Contract, And Will Claim A Refund Of Instalment Paid, Plus Interest And Damages.Northern Drilling Ltd - If This Claim Is Disputed, Company Will Seek An Award Via London Arbitration In Accordance With Industry Standard Procedures And Timescales.
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