Parker Drilling to book $15m graft charge

Bouncing back: Parker Drilling boss says recovery already underway as losses loom

Houston-based Parker Drilling has said it will record a $15.85 million charge to cover a proposed settlement of its part in a corruption case that has ensnared several explorers.

Newsletter signup


Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?