Diamond Offshore profit drops in 1Q

Houston-based driller Diamond Offshore saw a decrease in quarterly profit and revenues as the driller’s increase in rig utilization was offset by lower dayrates. 

The driller on Monday posted a net income of $19 million, a decrease compared to a $23.54 million net income recorded in the first quarter of 2017.

Read more

Leave a Reply

Powered by WordPress.com.

Up ↑

%d bloggers like this: