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Maersk Drilling maintains expectations for operating result

There is improvement in the drilling market, but contracts remain "relatively short," says Maersk Drilling in a trading update for the third quarter, in which neither operating result nor bottom line is included. The company maintains expectations for its operating result.

Photo: PR Maersk Drilling

Rig operator Maersk Drilling maintains expectations for its operating result in 2019 and sees signs of improvement in the market, though new contracts remain "relatively short," says the company in a trading statement for the third quarter which contains neither operating result nor bottom line is reported.

(...) we maintain our full-year profit guidance. We continue to see a recovering market although the duration of new contracts remains relatively short"

Jørn Madsen, CEO, Maersk Drilling

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