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drilling songa venus songa offshore.jpg Photo: Songa Offshore

Rough offshore market rubs off on rig company results

Both Songa Offshore and North Atlantic Drilling exited the second quarter with setbacks in revenue. While Songa Offshore booked a bottom line in the black, things developed more negatively for Seadrill's subsidiary North Atlantic Drilling which landed a big loss.

BY SØREN PICO, SHIPPINGWATCH

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