seadrill

By Rakteem Katakey (Bloomberg) — Seadrill Ltd., the offshore driller seeking to cut its debt load, agreed to swap bonds for equity in the second such

By Mikael Holter (Bloomberg) — Seadrill Ltd., the offshore rig operator controlled by billionaire John Fredriksen, says the worst market downturn in a

By Stephen Treloar and Mikael Holter (Bloomberg) — Seadrill Ltd., the offshore driller with the biggest debt load, reached a deal with its banks to

By Luca Casiraghi, Dinesh Nair and Steven Church (Bloomberg) — Seadrill Ltd., the offshore driller with the biggest debtload, hired Houlihan Lokey Inc.

By Mikael Holter (Bloomberg) — Seadrill Ltd., the offshore driller struggling with the industry’s biggest debt load, surged by a record for a second

by Mikael Holter (Bloomberg) — John Fredriksen is calling an end to the salmon rally. The Norwegian-born oil and shipping tycoon on Tuesday sold a $510

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