Seadrill suffered large deficit in fourth quarter
John Fredriksen's Seadrill booked large hundred million dollar deficit in the fourth quarter alone, according to the interim report which also includes a 2019 forecast.
One of the world's largest drilling companies – John Fredriksen-dominated Seadrill – has booked a massive quarterly deficit. The company's fourth-quarter financial statements, published Tuesday, show that the deficit in the last three months of 2018 landed at USD 360 million, a 47 percent decline from the quarter before.
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