28/05/2015at 09:05

Seadrill reduced its deficit in the first quarter

John Fredriksen's drilling company Seadrill managed to reduce its deficit in the first quarter this year. The company's utilization rate stands at more than 90 percent the for whole fleet.

BY LOUISE VOGDRUP-SCHMIDT

Seadrill is still losing money, but not as much in the first quarter this year as it did the fourth quarter last year.

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