Russians entering Fredriksen's Seadrill group

Russian Rosneft and Norwegian-Cypriot John Fredriksen are currently negotiating a large-scale agreement concerning shares in Fredriksen's North Atlantic Drilling. According to the Russians, the next step could be the crown jewel Seadrill.

BY TOMAS KRISTIANSEN

Published: 26.05.14 at 14:01

Seadrill in Russian hands? Yes, if one asks the head of giant Russian energy company Rosneft, Igor Sechin, this idea is not just something like a stray bullet fired at random in the Russian wild.

Because the current negotiations concerning Rosneft's acquisition of a significant stake in Seadrill subsidiary North Atlantic Drilling could just be the first step on the path toward the crown jewel of John Fredriksen's business empire, drilling company Seadrill.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

Access all locked articles
Receive our daily newsletters
Access our app

Start a free company trial today

"The challenges we face as an industry require more skills and competencies"

Foto: Lucy Nicholson/Reuters/Ritzau Scanpix

They are a generation of future maritime leaders shaped both by Covid-19 and shutdowns and now by a world filled with tension. Four potential future managers enrolled in the Blue MBA program give their take on why it is important to improve your skills.

Leading shippers prepared to pay 10% extra for sustainable transportation

Shippers are willing to pay more for ”green” transportation if it’s reliable. But they have to state their wishes more clearly, and prices have to be lowered, writes McKinsey in a new report, which provides suggestions for how to accelerate decarbonization.