03/01/2020at 10:27

Seadrill's share surges after new contracts

Investors send Seadrill's share skyward after weeks in which the rig company has announced several new contracts at higher rates. The share has surged by more than 135 percent in the past month.

BY RITZAU FINANS

Large contracts awarded to Norwegian rig company Seadrill make investors cheer.

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John Fredriksen steps down as Seadrill chair after new loss
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Fredriksen invests millions in Northern Drilling
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Seadrill bags new contract in Brazil
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