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Seadrill

Read all the latest news about Seadrill. ShippingWatch gives you independent, credible, critical and fair news.

Seadrill expects major setback in third quarter

West-Epsilon.jpg Offshore:

In the second quarter, John Fredriksen's drilling company Seadrill lost USD 158 million. CFO Mark Morris explained in an investor call Thursday that management expects a profit in the next quarter, albeit much reduced from the year before. He also revealed some details of the major rescue plan.

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