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Home›Exploration & Production›Prosafe strikes back in Westcon court case
Exploration & Production

May 28, 2018 · about 8 years ago

Prosafe strikes back in Westcon court case

Prosafe has filed a counter-appeal against Westcon in the TSV Safe Scandinavia conversion court case.

1 minutes read
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Prosafe, an owner and operator of semi-submersible accommodation vessels, has filed a counter-appeal against Westcon in the TSV Safe Scandinavia conversion court case. To remind, Norwegian Westcon Yards in April filed an appeal against the Stavanger City Court’s decision in a dispute with Prosafe related to the conversion of the tender support vessel (TSV) Safe Scandinavia.

The dispute was related to a substantial cost overrun of Westcon’s price estimate for the conversion of the Safe Scandinavia to a tender support vessel at Westcon.

The project experienced delays thereby also delaying the contract start with Statoil, triggering additional compensation claim by Westcon to which Prosafe responded with a dispute and its own claim for repayment of NOK 270 million.

The court in March gave judgement in favor of Prosafe and said that Westcon must repay Prosafe NOK 344 million plus interest and NOK 10.6 million legal costs.

Following Westcon’s appeal, Prosafe filed a counter-appeal on Monday, May 28.

Prosafe said on Monday it will continue to defend its case in order to maintain or improve on the result in the first instance.

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