Seadrill prepares investors for considerable losses

The drilling company has secured an extension of its deadline to negotiate a rehabilitation, but time is still running out and the company is now preparing its investors and other stakeholders for coming losses.
Photo: Seadrill
Photo: Seadrill

Seadrill has been granted a breather from its protracted struggle to settle a restructuring agreement with its investors, says the company in a notice to the Oslo Stock Exchange on Wednesday.[citat]

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