AUSTRALIA

Worley takes $70M hit on botched design claim

WORLEYPARSONS has reached a settlement to end a long-running dispute with the ExxonMobil-operated Sakhalin-1 consortium over costs associated with botched designs for a platform associated with Russia's giant Sakhalin LNG project.

Haydn Black

WorleyParsons completed work for the Arkutun-Dagi project's offshore platform, one of the world's largest offshore drilling platforms in the world, but ExxonMobil file suit last year claiming the Australian...

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