EnergyWatch

Strained rig company lost USD 1 billion in the first half-year

Rig company Noble Corp, which filed for Chapter 11 in the US last week, lost a little over USD 1 billion on the bottom line in the first half of the year, during which major impairments strained financials. CEO sees the company making it to the other side "as a stronger company".

Photo: Noble Corp

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