AWDR Awilco Drilling

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:

Cathrine Haavind, IR Manager

Phone:

Email:

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act



EN
26/10/2020

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