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".
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by SØREN PICO
Hard-pressed oil company Noble Corp booked a billion-dollar deficit in the first half of 2020, reveals an accounting statement published by the company.
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