Brief: Awilco Drilling Decides To Start Wide Range Of Cost Reducing Measures
26/10/2020 11:06
Oct 26 (Reuters) - Awilco Drilling PLC AWDR.OL :
* REG-AWILCO DRILLING PLC: COST REDUCTION
* IN LIGHT OF TERMINATION OF NEWBUILD NORDIC WINTER AND
SIGNIFICANT DELAY IN CONSTRUCTION AND ANTICIPATED START-UP OF
OPERATIONS OF NEWBUILD RIG NORDIC SPRING, COST SAVING WILL BE
REQUIRED
* HAS DECIDED TO INITIATE A WIDE RANGE OF COST REDUCING
MEASURES.
Source text for Eikon: ID:nGNE4GqK8N
Further company coverage: AWDR.OL
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