Jeff Harvey's questions to SFL Corporation Ltd (SFL) leadership • Q2 2025
Question
Jeff Harvey inquired about the current status of the company's outstanding lawsuits with Seadrill.
Answer
CFO Akce Odersen explained there are two lawsuits. The larger case concerning the Hercules rig's redelivery is anticipated to be scheduled for 2026. He also confirmed SFL was awarded approximately $45-50 million in the first instance and has received a guarantee from Seadrill for this amount plus interest.