Offshore

Seadrill's market value has plunged big-time in 2017

The share price of John Fredriksen's drilling company Seadrill has declined drastically since the turn of the year. Ahead of the interim report set for release Wednesday morning, analysts note that the company has been unable to settle its announced restructuring.
by LOUISE VOGDRUP-SCHMIDT

Drilling rig company Seadrill finds itself in severe financial trouble on account of the oil price plunge and subsequent crisis on the oil markets. This year has so far brought a long downturn on the stock market for the company.

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