Seadrill suffered USD 600 million loss in first half of 2021

Drilling company Seadrill, currently going through its second major restructuring within a few years, suffered a loss of USD 600 million in the first half of the year.

Photo: Seadrill

John Fredriksen's drilling company Seadrill suffered a huge bottom line deficit in the first six months of the year, informs CEO Stuart Jackson in conjunction with the presentation of the company's half-year results on Friday.

Seadrill report a bottom line net loss of USD 605 million for the first half of 2021. However, this was a significant improvement from a deficit of USD 2.9 billion in the same period last year when the oil price decline and impairments factored in.

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