Vantage sees profits plunge

Offshore contractor Vantage Drilling saw its profit plunge last year amid lower revenues and a recapitalisation process, which eliminated more than $1.5 billion of the company’s senior secured debt.

Offshore work: hard to come by in oil downturn
Offshore work: hard to come by in oil downturn
Published 30 March 2016, 11:37Updated 18 October 2016, 05:08
Americas