Rowan posts 1Q loss of $112.3M

U.S. offshore rig owner Rowan sees the market conditions improving in the shallow water drilling segment, especially in the Middle East and the North Sea.

The driller on Tuesday posted a net loss of $112.3 million in the first quarter of 2018, compared to a net profit of $10.3 million in the first quarter of 2017.

Read more

Leave a Reply

Powered by WordPress.com.

Up ↑

%d bloggers like this: