Rig owner Valaris widens losses

Fall deeper into the red followed a decline in revenue as company also anticipates negative cash flow in 2020

Rig owner: Valaris increased its losses during the final quarter of 2019 — Rig owner: Valaris increased its losses during the final quarter of 2019Photo: VALARIS

Josh Lewis

Perth

Financial Corporate UK Valaris Tom Burke

Published 21 February 2020, 01:56Updated 21 February 2020, 06:17