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Ensco books quarterly loss as revenues slip on fewer rig days

Offshore drilling contractor Ensco booked a loss in the third quarter of this year, after reporting a profit in the same period last year. The driller’s revenues were impacted by fewer rig days and lower dayrates. 

The UK-based driller, which recently completed its acquisition of Atwood Oceanics, on Wednesday reported a loss of $25.4 million for this year’s quarter compared to a profit of $85.3 million in the last year’s third quarter.

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Categories: Uncategorized

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