Seadrill to Address $10 Billion Debt in First Half of 2016
By Gwladys Fouche OSLO, Feb 25 (Reuters) – Rig company Seadrill, once the crown jewel in the business empire of shipping tycoon John Fredriksen, will
By Gwladys Fouche OSLO, Feb 25 (Reuters) – Rig company Seadrill, once the crown jewel in the business empire of shipping tycoon John Fredriksen, will
By Mikael Holter (Bloomberg) — Seadrill Ltd., once the crown jewel among billionaire John Fredriksen’s oil and shipping holdings, is deepening planned
Seadrill Ltd. has emerged as the client who agreed to postpone delivery of two ultra-deepwater drillships under construction at the South
By Gwladys Fouche OSLO, Nov 24 (Reuters) – Firms in Norwegian-born billionaire John Fredriksen‘s empire saw contrasting fortunes on Tuesday, as rig
By Mikael Holter (Bloomberg) — Seadrill Ltd., the offshore driller controlled by billionaire John Fredriksen, reported its first quarterly loss since
OSLO, Oct 8 (Reuters) – Offshore rig driller Seadrill is facing another two years in the doldrums but hopes the international rig market could
Bermuda-based Seadrill Limited (NYSE: SDRL) has agreed to sell its 6th generation drillship West Polaris to its own subsidiary in a deal that is expected to
A rig worker assigned to the West Hercules, a semi-submersible drilling rig owned by Seadrill and on contract to Statoil, fell overboard this morning which the
Farstad Shipping’s CEO Karl-Johan Bakken says today, “very demanding” conditions in the offshore market has forced his company to lay up
North Atlantic Drilling, a subsidiary of offshore rig company Seadrill, has delayed closing a cooperation deal with Russia's Rosneft by two years and agreed to
Billionaire John Fredriksen has sailed through troubled waters before. This time, he plans to make the most of a brutal downturn in offshore drilling amid a
North Atlantic Drilling warned on Monday it would be difficult to conclude as scheduled a contract with Russia's Rosneft due to weak market conditions and the
Seadrill Ltd., the offshore oil driller controlled by billionaire John Fredriksen, said the rig market is unlikely to recover for at least two years following
The world's biggest offshore drillers reported plunging earnings and orders on Thursday but managed to get a grip on costs to improve their chances of riding
Seadrill reports today contract extensions with Petrobras for their ultra-deepwater semi-submersible drilling rigs West Taurus and West Eminence will likely
Seadrill (NYSE: SDRL) announced today it has exercised a purchase option for the West Polaris, a 6th generation Ultra-Deepwater drillship, from Ship Finance
Billionaire John Fredriksen bought shares in Seadrill Ltd. for $33.5 million, boosting his stake in the offshore driller to 23.9 percent as the stock fell
"Having a dividend cut is a concrete sign that things are as bad as people fear ... it's another confirmation to how hard it is out there to be an offshore
Rig company Seadrill Ltd. and salmon farmer Marine Harvest ASA slumped in Oslo trading amid a fallout between their main owner, billionaire John Fredriksen,
Shipping billionaire John Fredriksen reaffirmed on Friday its commitment to Seadrill, the world's largest rig company by market capitalisation, whose shares
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