Vantage Drilling’s net loss deepens

Offshore drilling company Vantage Drilling International saw its net loss deepen in the first quarter of 2019.

The company on Thursday reported a net loss attributable to controlling interest of $47.9 million for the first quarter 2019, compared to a net loss attributable to controlling interest of $32.1 million in the first quarter of 2018.

Revenue fell from $57,6 million in the first quarter of 2018, to 34,5 million in the first quarter of 2019.

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