Seadrill's deficit deepened in the first quarter
Rig operator Seadrill finished the first quarter of the year with a bigger deficit than in the previous quarter, even though revenue grew in the period. Last year the rig company was fighting for its survival.
![Photo: Seadrill](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article5772932.ece/ALTERNATES/schema-16_9/Seadrill%2520jack-up.jpg)
by SIMON VALEUR
John Fredriksen's rig company Seadrill wrapped up the first quarter with an operating deficit of USD 71 million.
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