The Oslo-listed rig contractor reported a marginal net profit of $9 million, compared with a heavy loss of $224 million a year earlier when its result was negatively affected by a total $245 million writedown on a pair of partly owned drillships, Deepsea Metro I and Deepsea Metro II.

Operating revenue was though down 36% year on year at $183 million, compared with $286 million in the same period of 2015.

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