Dof Subsea reports Q2 deficit while waiting for restructuring approval

The Norwegian offshore service operator notes red bottom-line figures despite growing operating revenue in Q2. Approval of the restructuring plan has still not landed, and the deadline is approaching fast.

BY IDHA TOFT VALEUR

Bergen-based Dof Subsea landed a strong operating revenue in the second quarter of NOK 1.5bn (USD 154m), however, the bottom line still ended with a deficit of NOK 752m.

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