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Seadrill CEO: "As an industry we have let down equity investors"

Despite predictions of better times, stock prices have dropped dramatically in the rig industry during 2019. According to Seadrill's chief executive, Anton Dibowitz, it is up to the industry to prove that it can deliver, he says in an interview with ShippingWatch.

"I don't think it is unfair," says Anton Dibowitz, Sedrill's CEO, about investors' hesitance toward investing in rig companies. | Photo: PR / Seadrill

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So far, it has not been evident from this year's stock prices that chief executives and analysts are generally seeing signs of better times in the drilling industry.

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