Seadrill sheds SapuraKencana shares

Staying put: Seadrill chairman John Fredriksen at SapuraKencana

Seadrill has sold shares worth $300 million to cut its stake in SapuraKencana but insists it intends to maintain its ownership interest in the Malaysian joint-venture partner.


Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?