Maersk Drilling's top line down in Q1 characterized by upcoming merger

Rig company Maersk Drilling, which is set to merge with US company Noble, saw its revenue decrease in the first quarter. The company maintains expectations.

Photo: Edgar Su/Reuters/Ritzau Scanpix

Danish rig company Maersk Drilling saw a declining revenue in the year’s first three months.

Overall, revenue dived to USD 248m compared to USD 320m in 2021’s fourth quarter. This was also a decline from USD 264m in Q1 2021.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

WindEurope warns against negative auction bids

If more countries introduce negative bids, where firms pay to establish wind projects, it could lead to higher electricity bills or more pressure on the supply chain, says the industry association.

BW Offshore halved bottom line in Q1

The Norwegian firm reports decline in several items compared to the same quarter of 2021 but predicts fine advancement in the rest of 2022, for which both floating wind projects and high energy prices show promise.

Equinor exits Russia

Norwegian oil company Equinor has taken its final step out of the Russian market by transferring joint venture assets to Rosneft.

Further reading

Related articles

Latest News

See all jobs