Odfjell Drilling Ltd : reports for the fourth quarter of 2016
- Operating revenue of USD 149 million
- EBITDA of USD 78 million
- EBIT of negative USD 48 million
- Net loss of USD 75 million
Odfjell Drilling reports the following material events:
- Participation in Deepsea Metro I financial
- Continuing operations on the Brage platform
- Secured additional work for Deepsea Bergen
- USD 80 million in total impairment write-down of
Deepsea Atlantic and Deepsea Stavanger
Please see the attached report for the fourth quarter of 2016.
For further queries, please contact:
Eirik Knudsen, Vice President Corporate Finance & Investor Relations
+47 934 59 173 / firstname.lastname@example.org
28 February 2017
Odfjell Drilling Ltd.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.