Drake & Scull faced mounting losses after a fall in oil prices in 2014 led to a decline in new projects and the company struggled to recoup receivables. Rich-Joseph Facun / The National
Drake & Scull faced mounting losses after a fall in oil prices in 2014 led to a decline in new projects and the company struggled to recoup receivables. Rich-Joseph Facun / The National

Business

Economy

Drake & Scull swings to first-quarter loss amid restructuring

Contractor is focusing on court approval to carry out its reorganisation plan

Mary Sophia
Mary Sophia

May 24, 2022

Energy This Week

Expert analysis on oil & gas renewables and clean energy

      By signing up, I agree to The National's privacy policy
      Energy This Week