AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Awilco Drilling PLC

Business and Financial Review Oct 26, 2020

3547_rns_2020-10-26_f3656a08-482a-45b5-afc4-ddd07406a601.html

Business and Financial Review

Open in Viewer

Opens in native device viewer

Awilco Drilling PLC: Cost Reduction

Awilco Drilling PLC: Cost Reduction

Awilco Drilling PLC announces that in light of the termination of the newbuild

Nordic Winter and the significant delay in the construction and anticipated

start-up of operations of the newbuild rig Nordic Spring, cost saving will be

required. Based on this situation Awilco Drilling Norge AS has decided to

initiate a wide range of cost reducing measures. Further information will be

provided in due course.

Aberdeen, 26 October 2020

For further information please contact:

Jens Berge, CEO

Phone: +44 1224 737900

Cathrine Haavind, IR Manager

Phone: +47 9342 8464

Email: [email protected] (mailto:[email protected])

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

Talk to a Data Expert

Have a question? We'll get back to you promptly.