Wednesday, 27 February 2019

Seadrill eyes brighter rig market as Q4 boosted by lower costs

Seadrill eyes brighter rig market as Q4 boosted by lower costs
27 February 2019, Oslo — Seadrill’s core earnings for the fourth quarter exceeded the company’s own guidance, boosted by lower costs and one-off items, while the market outlook for drilling rigs was improving, the Oslo and New York-listed firm said on Tuesday. The company, controlled by Norwegian-born billionaire John Fredriksen, reported $73 million in quarterly adjusted … More »

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