Maersk Drilling snapped a two-year losing streak in 2018 and expects to remain in the black in 2019, a year which will see the company listed independently.
The offshore firm boasted an industry-leading profit margin in 2018 and closed the year with fresh financing which strengthened its stand-alone position.
Jorn Madsen, chief executive of Maersk Drilling, said 2018 was the first year since the oil price crash in 2014 to see increased demand for drilling services driven by improved underlying economics in the industry.
