Seadrill expects more investments from oil customers
John Fredriksen’s drilling company had fewer rigs to profit from in Q4, but sales of assets improved the bottom line in a market with promising prospects.
Seadrill expects strong demand for oil and gas in the upcoming period, and this will make the company’s customers – the oil companies – invest, writes the John Fredriksen-owned drilling firm in its Q4 report that otherwise shows a reduced revenue.
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