Norwegian platform supply vessel (PSV) investor SD Standard Drilling has posted a small profit for the second quarter as it eyes a North Sea recovery.
EBITDA was $0.2m to 30 June, compared to a loss of $1.5m a year ago.
SD is an investment company and so has no revenue, but the net loss widened to $2.7m, against $0.7m in 2017, following negative fair value changes of $2.3m.
