UMWOG is taking Frontier to court in relation to the deployment of Naga 7 and was seeking to claim all costs and damages related to it. Losses from the breach of contract but not limited to the early termination fee amounted to $19.2m, UMWOG said.
“Despite repeated reminders, Frontier has failed to, refused to and/or neglected to arrange for a said bank guarantee of $5m and an advance payment of $15m,” it added.
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