Borealis Exploration Limited announced earnings results for the third quarter of 2017. For the quarter, the company reported net profit of EUR 273 million still down from EUR 304 million a year earlier. Revenues increased to EUR 1.84 billion from EUR 1.75 billion a year earlier.

For the full year, the company reported that net profit will not exceed the level of EUR 1.1 billion achieved in 2016, due to somewhat lower margins and the impact of the facility overhauls.