Local Business Rowan sees ‘healthier dynamic’ for North Sea By Allister Thomas May 2 2018, 2:00 pm May 2 2018, 2:00 pm Share Rowan sees ‘healthier dynamic’ for North Sea Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/local/1466669/rowan-sees-healthier-dynamic-for-north-sea/ Copy Link Rowan says it has built-up a backlog of work showing a “healthier dynamic” within the North Sea region. The Texas-based drilling firm, which has an office in Aberdeen, posted its first quarter results yesterday. Rowan posted a net loss of £82 million for the period, compared to earnings of £7.5 million for the same quarter in 2017. Despite a “challenging environment”, the firm says recent contract awards for jack-up rigs in the North Sea show improvement in the market. To read more on Energy Voice, click here.
