Update on the Court Case between Prosafe and Westcon

Source: www.gulfoilandgas.com 8/27/2021, Location: Europe

Reference is made to press release dated 12 May 2021 in which Prosafe informed that Prosafe had decided to address the perceived shortcomings of the judgement by the Gulating Court of Appeal through an appeal to the Supreme Court.

The Supreme Court have decided not to accept the appeal. As such the judgement by the Gulating Court of Appeal is final.

The Gulating Court of Appeal decided that Prosafe had to pay Westcon NOK 302,510,457 plus interest and legal costs, in total about NOK 465 million related to the conversion of the Safe Scandinavia at Westcon yard.

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