U.S.-based offshore drilling contractor Diamond Offshore booked a smaller profit for the third quarter of the year despite increase in revenues. During the quarter, the driller won two one-well contracts.
The driller on Monday posted a net income of $10.8 million for the third quarter 2017, a decrease compared to $13.9 million in the prior-year period. When compared to the second quarter of 2017, Diamond’s net income dropped by 32% in the third quarter of the year.
Brazil Energy Insight 
Leave a comment