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BRIEF-North Atlantic Drilling and Jurong Shipyard agree to extend rig delivery deferral period
July 7, 2017 / 5:43 AM / 2 months ago

BRIEF-North Atlantic Drilling and Jurong Shipyard agree to extend rig delivery deferral period

July 7 (Reuters) - North Atlantic Drilling Ltd:

* Reg-Nadl - north atlantic drilling ltd. Announces amendment to agreement with jurong shipyard

* North atlantic drilling ltd. Announces that an amendment has been agreed with jurong shipyard pte ltd (“jurong”), to extend delivery deferral period to january 6, 2018

* Extension allows parties to continue to explore commercial opportunities for unit

* As previously agreed, in event no employment is secured for unit and no alternative transaction is completed, north atlantic drilling and jurong will form a joint asset holding company, to be owned 23% by company and 77% by jurong Source text for Eikon: Further company coverage: (Reporting By Ole Petter Skonnord)

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