
Songa Offshore's revenue declined in the first half of the year, while profits jumped from black to red, according to the company's second quarter interim report.
The drilling company achieved a revenue of USD 230 million in the first half of the year, down from USD 306 million in the same period last year, while the result was positive at USD 6 million, a small improvement from a deficit of USD 7 million last year.
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