Rigs_and_Vessels

Fleet impairment holes Shelf on bottom line

Dubai-based driller writes down value of jack-up fleet on lower earnings forecast after seeing contract cancellations amid Covid-19

Demand drop: Shelf Drilling's jack-up fleet is taking a hit due to the Covid-19 crisis
Demand drop: Shelf Drilling's jack-up fleet is taking a hit due to the Covid-19 crisisPhoto: SHELF DRILLING
Oslo
Shelf DrillingDubaiChevronNigeriaEni
Published 13 May 2020, 07:38Updated 13 May 2020, 07:38