Cancelled rig deals boost driller earnings

Offshore contractors Ensco and Noble Corporation both posted impressive quarterly revenues thanks to payouts from rig-contract terminations, masking what was otherwise a challenging three months for the companies.

Revenues: contract cancellations for rigs like Ensco 8503 boost driller earnings
Revenues: contract cancellations for rigs like Ensco 8503 boost driller earnings
Published 27 July 2016, 22:46Updated 25 October 2016, 15:23